• Open

    Wrap-Up Insurance: Definition, 2 Main Types, and Coverage Example
    Wrap-up insurance is an all-encompassing liability insurance policy that protects all contractors and subcontractors working on a large project.  ( 23 min )
    Affordable Market Value (AMV) Definition
    Affordable market value (AMV) is the price charged for an apartment building sold through the FDIC’s Affordable Housing Program.  ( 23 min )
    Net Premium Definition, Calculation, vs. Gross Premium
    Net premium, in the insurance industry, is calculated as the expected present value (PV) of a policy’s benefits minus the expected PV of future premiums.  ( 20 min )
    Probable Maximum Loss: Definition and How to Calculate It
    Probable Maximum Loss (PML) is the maximum loss that an insurer would be expected to incur on a policy. It's a standard calculation in underwriting.  ( 20 min )
    Canada: A New Frontier for Real Estate Investors
    This property market is easy to access and provides profitable opportunities.  ( 22 min )
    6 Tips for Getting Approved for a Mortgage
    If you're in the market for a home, it helps to know what lenders look for so you can adjust your finances accordingly. Here are six tips.  ( 23 min )
    Understanding Lender-Required Flood Insurance
    Flood insurance is required by some mortgage lenders if the property is in a federally designated high-risk flood zone.  ( 26 min )
    Jumbo Loans vs. Conventional Loans: What's the Difference?
    Conventional mortgages are more in line with the needs of the average homebuyer. Jumbo mortgages are for properties with steep price tags.  ( 27 min )
    Morgan Stanley CEO Stepping Down, Among Last From Era of Great Financial Crisis
    Morgan Stanley CEO's departure severs more banking ties to the global financial crisis; only a handful of CEOs at large U.S. banks during the 2008-09 financial crisis remain in place.  ( 17 min )
    A Guide to Private Mortgage Insurance (PMI)
    Private mortgage insurance (PMI) is often required for conventional mortgages with less than a 20% down payment. Learn how PMI is used and how to avoid paying for it.  ( 28 min )
    15-Year vs. 30-Year Mortgage: What's the Difference?
    When choosing between 15-year and 30-year mortgages, remember that longer terms usually mean smaller payments, but higher overall interest costs. Learn more.  ( 26 min )
    Down Payment: What It Is and How Much Is Required
    A down payment is a sum of money, usually a percentage of the cost the buyer pays at the outset of a purchase of a home or car.  ( 24 min )
    What Is Attestation? Definition, How It Works, History, and Example
    Attestation in law is the act of authenticating a formal document by witnessing it being signed and then also signing it to verify its legitimacy.  ( 20 min )
    Business Owner Policy (BOP): Definition, Coverage, Exclusions
    A business owner policy (BOP) combines protection from all major property and liability risks into one package. They typically contain business interruption insurance, property insurance, and liability protection.  ( 20 min )
    How to Become a Day Trader
    How does one become a day trader? We look at the training, tools, equipment, and strategies needed to succeed as a day trader.  ( 24 min )
    Top Car Stocks for Q2 2023
    Electric vehicle makers BYD, Lucid, and Fisker lead the industry in revenue growth.  ( 21 min )
    How to Calculate Profit Margin
    Learn about gross, operating, and net profit margins, how each is calculated, and how businesses and investors can use them to analyze a company's profitability.  ( 28 min )
    Assumable Mortgage: What It Is, How It Works, Types, Pros & Cons
    An assumable mortgage is a type of financing arrangement in which an outstanding mortgage can be transferred from the current owner to a buyer.  ( 27 min )
    Zero Cost Collar: Definition and Example
    A zero cost collar is an options strategy used to lock in a gain by buying an out-of-the-money (OTM) put and selling a same-priced OTM call.  ( 20 min )
  • Open

    Morgan Stanley CEO Stepping Down, Among Last From Era of Great Financial Crisis
    Morgan Stanley CEO's departure severs more banking ties to the global financial crisis; only a handful of CEOs at large U.S. banks during the 2008-09 financial crisis remain in place.  ( 1 min )
  • Open

    Hate taxes? This is for you: IRS boosts HSA limits for 2024 by record amount. Here's why.
    IRS raised health savings account contribution limits for 2024 by a record amount. This may be a big deal for those who hate paying taxes. Here's why.  ( 39 min )
    Credit cards are not 'a piggy bank,' expert warns
    US credit cardholders now owe $986 billion in debt, data from the Federal Reserve of New York found.  ( 39 min )
    One of China’s Poorest Provinces Faces Imminent Debt Problem
    Guizhou province has jaw-dropping landscapes and some of the world’s highest bridges—and outstanding debt of about 1.3 times its gross domestic product.  ( 27 min )
    Fed Official Is Open to Foregoing June Rate Hike
    Minneapolis Fed President Neel Kashkari said he could support holding interest rates steady at the central bank’s next meeting.  ( 26 min )
    Traders Brace for Volatility With US Debt Deal Still Elusive
    (Bloomberg) -- Investors are girding for spikes in currency volatility and losses in equities should US lawmakers struggle to clinch a debt-limit deal this week.Most Read from BloombergZelenskiy’s Surprise G-7 Stop Unnerves Critical Brazilian LeaderHedge Funds’ Ultra-Bearish Oil Bets Signal US Recession AngstZelenskiy Signals Bakhmut Falling, Russian Casualties HighTalks between politicians to end the deadlock hit another bump over the weekend with House Speaker Kevin McCarthy accusing White Hou  ( 38 min )
    TipRanks ‘Perfect 10’ List: 2 Stocks That Will Benefit Most From ChatGPT’s Meteoric Growth (Besides Microsoft)
    AI – artificial intelligence – has been stirring up the tech pot in recent times. With the release of ChatGPT, and the explosion of AI-powered natural language into the realm of online search, content creation, and even picture editing, it’s become clear that AI is the next frontier of the tech space. A sudden boom of this sort will always bring opportunities with it. New jobs and new products, of course – but also renewed opportunities in the stock market. Companies related to AI, either direct  ( 42 min )
    Debt ceiling drama, retail earnings, Fed Minutes: What to know this week
    The debt ceiling debate in Washington will remain in focus as uncertainty has begun to weigh on markets.  ( 41 min )
    Which of These 4 Retirement Withdrawal Strategies Is Best For You?
    Withdrawing money the right way matters. We often talk about how to save for retirement. That is, after all, essential business for everyone during their working life. Whether you follow the 60/40 strategy, put your money into real estate or … Continue reading → The post Four Retirement Withdrawal Strategies appeared first on SmartAsset Blog.  ( 40 min )
    Should I Be Using a Cashier's Check or Money Order?
    There are a few options when you need a secure way of paying for something. Sure, cash is king, but not everyone feels safe carrying a thick wad around. Cashier's checks and money orders are two of the more secure … Continue reading → The post Cashier's Check vs. Money Order appeared first on SmartAsset Blog.  ( 40 min )
    How Can I Build a Lucrative Multi-Asset Portfolio?
    Multi-asset strategies are styles of investment that provide for including a variety of different financial assets such as stocks, bonds and cash in a portfolio. Multi-asset strategies can provide greater diversification and less downside risk while also adding income and … Continue reading → The post What Are Multi-Asset Strategies? appeared first on SmartAsset Blog.  ( 39 min )
    The Healthcare Plan Most People Should Buy—and Why They Don’t
    Many people choose the wrong plan simply because it all seems too complicated to understand.  ( 26 min )
    Top Car Stocks for Q2 2023
    Electric vehicle makers BYD, Lucid, and Fisker lead the industry in revenue growth.  ( 22 min )
    The 34-year-old CEO of P.F. Chang’s wakes up at 4 a.m. and runs 8 miles every day. Here’s the Wall Street wunderkind’s daily routine
    Damola Adamolekun says he doesn’t need work-life balance.  ( 39 min )
    Investors Seek Shelter in Emerging Markets as Recession Risk Hits US
    (Bloomberg) -- Investors are planning to ramp up bets in emerging markets, according to the latest Markets Live Pulse survey — a sign the asset class is becoming a favorite for those wary of a US recession. Most Read from BloombergZelenskiy’s Surprise G-7 Stop Unnerves Critical Brazilian LeaderHedge Funds’ Ultra-Bearish Oil Bets Signal US Recession AngstDebt-Limit Talks Resume After Optimism Curbed by GOP Walk-OutSome 61% of the 234 money managers, analysts and traders surveyed said they expect  ( 39 min )
    A US debt default is the wake-up call the world needs
    Interest rates will soar. The stock and bond markets will crash. And the global financial system will be plunged into turmoil as investors flee to any safe asset they can find.  ( 39 min )
    Largest U.S. Pension Sells Apple, Intel, NIO, and Li Auto Stock
    The California Public Employees' Retirement System, known as Calpers, cut positions in Apple and Intel stock, and sold shares of Chinese electric-vehicle makers NIO and Li Auto.  ( 22 min )
    Exxon Joins Hunt for Lithium in Bet on EV Boom
    The oil giant quietly laid plans earlier this year for potentially producing the mineral in Arkansas.  ( 27 min )
    Blackstone acquires International Gemological Institute
    Private equity giant Blackstone Inc said it has fully acquired the jewellery certification firm International Gemological Institute (IGI) from China's Fosun and the company's founding family. Blackstone acquired IGI- whose majority revenue and profits come from India- for about $530 million, said a person with direct knowledge of the matter. The statement said it had purchased an 80% stake from Fosun and 20% from the Lorie family.  ( 38 min )
    Investors Seek Protection in Case of Debt-Ceiling Debacle
    Many are pulling cash from stock funds and seeking safety in Treasurys that don’t mature for several years.  ( 27 min )
    How America’s Largest Restaurant Franchisee Decides When to Raise Prices
    Flynn Restaurant Group harnesses internal and competitor data to take a surgical approach to selling fast food and sit-down meals.  ( 21 min )
    How Bud Light Blew It
    With one blunder after another, the brewing giant behind the brand became a case study in how not to handle a culture-war storm  ( 23 min )
    US Exposure Is Next Headache for Europe Inc. as Dollar Slides
    (Bloomberg) -- Behind the facade of Europe’s forecast-beating company earnings, cracks are appearing as exporters start to feel the pinch from regional exchange rate strength against the dollar.Most Read from BloombergZelenskiy’s Surprise G-7 Stop Unnerves Critical Brazilian LeaderHedge Funds’ Ultra-Bearish Oil Bets Signal US Recession AngstDebt-Limit Talks Resume After Optimism Curbed by GOP Walk-OutZelenskiy Meets With India’s Modi on Sidelines of G-7 SummitThe euro, Swiss franc and sterling a  ( 40 min )
    Analysis-Vodafone's new CEO faces tough calls to reconnect with investors
    When Vodafone named Margherita Della Valle as CEO last month, investors adopted a wait-and-see approach to whether the company veteran was the right person to jolt it out of a deep malaise. Within weeks, Della Valle gave them a stark assessment of the problems Vodafone faces. Della Valle, an Italian who joined Vodafone in 1994 and had been its chief financial officer since 2018, vowed on Tuesday to cut 11,000 of 90,000 jobs and speed up the delivery of new offers by giving local country bosses greater autonomy.  ( 40 min )
    Sunak’s complacency towards the management of Britain’s accounts is breathtaking
    Rishi Sunak is imposing the biggest tax rise the UK has seen since the 1970s. The Government’s decision to freeze personal tax thresholds for the next five years will drag millions of middle-income earners into the 40pc tax bracket.  ( 40 min )
  • Open

    Graaiflatie komt voor, maar is ook politieke term om bedrijven zwart te maken
    We hebben al anderhalf jaar te maken met een torenhoge inflatie. Dat is onder meer terug te zien aan onze energierekening en boodschappen. Critici denken dat bedrijven misbruik maken van de situatie en de prijzen extra verhogen voor eigen gewin: de zogenoemde graaiflatie. Deskundigen twijfelen daarover.  ( 5 min )
    Bang dat je vliegreis wordt geannuleerd? Kies voor een pakketreis
    Honderden vluchten van Transavia zijn al geannuleerd en mogelijk volgen er meer. De Consumentenbond adviseert daarom om voor een pakketreis te kiezen. "Kies voor zoveel mogelijk bescherming."  ( 5 min )
    Graaiflatie komt voor, maar is ook politieke term om bedrijven te zwart te maken
    We hebben al anderhalf jaar te maken met een torenhoge inflatie. Dat is onder meer terug te zien aan onze energierekening en boodschappen. Critici denken dat bedrijven misbruik maken van de situatie en de prijzen extra verhogen voor eigen gewin: de zogenoemde graaiflatie. Deskundigen twijfelen daarover.  ( 5 min )

  • Open

    Mike Rowe's warning to white collar workers: 'The robots are coming' for 'your white collar job'
    'How America Works' host Mike Rowe unpacks how A.I. developments could impact jobs and offers a message to workers in light of white-collar recession fears.  ( 39 min )
    BofA says AI is in a 'baby bubble' that echoes the dot-com era, and one move could easily blow up the investment frenzy ignited by ChatGPT
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    Home prices have dropped the most in 11 years with soaring mortgage rates driving away would-be buyers
    US home prices fell nearly 2% year-over-year in April, according to the National Association of Realtors.  ( 37 min )
    Is AMC Stock A Buy Or Sell Now? Here's What Fundamentals, Chart Action, Fund Ownership Metrics Say
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    A young billionaire buys Forbes, a startup offers free TVs and ChatGPT goes mobile
    You've made it to the end of the week -- congrats, by the way -- and to Week in Review (WiR), TechCrunch's regular newsletter covering the week that was in tech. On May 24, TechCrunch Live, TC's podcast about founder stories, will host Romi Gubes, the co-founder of Sensi.AI, in a discussion about how the company uses audio-based software to monitor patients and assist medical staff and family members with care. Meanwhile, TechCrunch City Spotlight will go virtual on June 7 with a focus on Atlanta, where speakers will present about building businesses in the exploding metro and startups will apply to participate in TC's famed Battlefield 200.  ( 40 min )
    Corporate America Hit by Rate-Sticker Shock: Credit Weekly
    (Bloomberg) -- Corporate America is waking up to what higher interest rates really mean.Most Read from BloombergZelenskiy’s Surprise G-7 Stop Unnerves Critical Brazilian LeaderHedge Funds’ Ultra-Bearish Oil Bets Signal US Recession AngstDebt-Limit Talks Resume After Optimism Curbed by GOP Walk-OutCompanies across the credit spectrum are facing sharply higher financing costs after the Federal Reserve raised its benchmark rate for ten consecutive meetings, bringing it to a range of 5% to 5.25% ear  ( 40 min )
    Bond Market Caught Between Fears of US Debt Default, Rate Hikes
    (Bloomberg) -- Bond traders are losing faith that the Federal Reserve is done tightening monetary policy and will ride to the rescue with rate cuts this year. Most Read from BloombergZelenskiy’s Surprise G-7 Stop Unnerves Critical Brazilian LeaderHedge Funds’ Ultra-Bearish Oil Bets Signal US Recession AngstDebt-Limit Talks Resume After Optimism Curbed by GOP Walk-OutZelenskiy Meets With India’s Modi on Sidelines of G-7 SummitStock Market Keeps Rallying, Defying Doom ScenariosThe latest shift in  ( 39 min )
    US Inflation Set to Stay Firm in Challenge for the Fed
    (Bloomberg) -- The latest marker of underlying US price pressures will offer little hope of settling the debate among Federal Reserve officials about whether they’ve made enough progress on inflation to step off the monetary-policy brakes.Most Read from BloombergZelenskiy’s Surprise G-7 Stop Unnerves Critical Brazilian LeaderDebt-Limit Talks Resume After Optimism Curbed by GOP Walk-OutStock Market Keeps Rallying, Defying Doom ScenariosZelenskiy Meets With India’s Modi on Sidelines of G-7 SummitM  ( 41 min )
    Warren Buffett swapped shares for cocoa beans in a weird 1950s deal. Billionaire Thomas Pritzker just told his father's side of the story.
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    This investor holds $74 million in Tesla stock. Here's why he's bullish on the future of Elon Musk's EV company.
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    'Elon has his mojo back': A top Tesla investor shares the biggest takeaways from the shareholder meeting and why the stock is a must-have in your portfolio now
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    Wall Street increasingly doubts Fed can meet 2% inflation target
    (Bloomberg) -- Some bond-market bets are signaling that the inflation rate will fall close to the Federal Reserve’s 2% target in the next year. A growing number of Wall Street asset managers are saying that’s a pipe dream.Most Read from BloombergDebt-Limit Talks Resume After Optimism Curbed by GOP Walk-OutZelenskiy’s Surprise G-7 Stop Unnerves Critical Brazilian LeaderStock Market Keeps Rallying, Defying Doom ScenariosMcCarthy Puts Debt-Limit Talks on ‘Pause’ as Clock Ticks DownZelenskiy Meets W  ( 40 min )
    These are the most common disruptions seniors face in retirement
    Roughly half of today’s retirees (48%) say their retirement has involved even more surprises and challenges than expected.  ( 40 min )
    A Professor Spent Years Helping His Mother. Now He Needs to Figure Out His Finances.
    A financial adviser weighs in on when he can afford to stop teaching.  ( 27 min )
    Icahn Is No Saint, but Illumina Can Still Use a Flawed Savior
    Despite a short seller’s accusations that his company has inflated its asset prices, Carl Icahn’s effort to shake up Illumina’s board is still very much in the interest of shareholders.  ( 26 min )
    Many married couples are making subpar retirement choices, study finds
    Many married couples are leaving retirement money on the table, according to a new working paper, and those with signs of trouble are most at risk.  ( 39 min )
    Roth 401(k) Contribution Limits For 2023
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    Is It Even Possible to Say I Do to My Partner Without Saying I Do to Wedding Debt, too?
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    How to Save $10,000 in Just 1 Year
    We would all like to save a bit more money. Whether you want a better safety net, need to pay off debt or are saving up for a big purchase, having extra cash on hand is a good thing. It's … Continue reading → The post How to Save $10,000 in a Year appeared first on SmartAsset Blog.  ( 40 min )
    Top 5 China Stocks To Buy And Watch: EV Leaders Show Spark
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    Will I Owe Taxes on My Non-Qualified Annuities?
    Non-qualified annuities have some unusual tax advantages. With these contracts, you invest money using after-tax dollars. The money in the annuity then grows tax-free or technically tax-deferred, until the contract matures. At that point, called the "annuitization," you begin receiving … Continue reading → The post Non-Qualified Annuity Taxation: Guide appeared first on SmartAsset Blog.  ( 40 min )
    How to Financially Support Family Members With Special Needs After You Die
    Ensuring the long-term financial stability of a loved one with special needs can be an exceptionally confusing process. Public programs like Medicaid and Supplemental Security Income (SSI) will provide for them and pay for their services for the rest of … Continue reading → The post Special Needs Trusts Vs. ABLE Accounts appeared first on SmartAsset Blog.  ( 40 min )
    How Much Money Do I Really Need to Retire?
    While there may not be a more common or consequential financial question then "how much money do I need to retire?," there isn't a one-size-fits-all answer. One person's retirement income needs will be different from the next, depending on their … Continue reading → The post How Much Money Do You Need to Retire? appeared first on SmartAsset Blog.  ( 40 min )
    Retirement Annuitization vs. Withdrawals: Which Will Cost Me Less?
    Purchasing an annuity can provide you with an additional stream of income for retirement. One thing you'll have to decide is to annuitize payments or opt for lifetime withdrawals. Whether it makes sense to opt for annuitization vs. withdrawal can … Continue reading → The post Annuitization vs. Lifetime Withdrawals for Annuities appeared first on SmartAsset Blog.  ( 40 min )
    Hedge Funds’ Ultra-Bearish Oil Bets Signal US Recession Angst
    (Bloomberg) -- Money managers that trade derivatives linked to oil and fuel prices are about as bearish as they’ve been in more than a decade, suggesting they’re braced for a recession that could cause contracts from crude to jet fuel to take another tumble.Most Read from BloombergZelenskiy’s Surprise G-7 Stop Unnerves Critical Brazilian LeaderDebt-Limit Talks Resume After Optimism Curbed by GOP Walk-OutStock Market Keeps Rallying, Defying Doom ScenariosZelenskiy Meets With India’s Modi on Sidel  ( 40 min )
    MercadoLibre Leads 5 Stocks Near Buy Points From This Classic Bullish Pattern
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    China’s Wavering Recovery Reverses Copper Rally
    Copper prices have slumped to a five-month low, also reflecting the resolution of supply disruptions and some traders stepping up bearish bets against the metal.  ( 27 min )
    San Francisco is reportedly investigating Twitter over possible building code violations
    San Francisco authorities have opened a new investigation into Twitter after six former senior employees filed a lawsuit against the company, according to AP and the San Francisco Chronicle.  ( 38 min )
    The ‘dysfunctional’ debt ceiling fight could deal a $12 trillion blow to the American economy if Washington doesn’t get its act together
    There have been 78 debt ceiling deals since 1960 and zero failures. Could this time really be different?  ( 41 min )
    The high-stakes debt ceiling fight could be a $12 trillion blow to the American economy: Here are 3 disasters a default would trigger
    Janet Yellen has warned that defaulting on the debt would be a "catastrophe," but do you really know what that means?  ( 40 min )
    New York skyscrapers sit empty as Manhattan reels from rise of home working
    Simon Mitchell’s office in Union Square, New York City has had an eerily empty feel since the Covid pandemic. With four in five desks unused in a space with capacity for 300, the marketing manager only goes in when he feels like he might have some company.  ( 41 min )
    Buy Side from WSJ | Best Dividend Stocks of 2023
    Steady investments for an unsteady market  ( 47 min )
    Debt-Ceiling Standoff Could Start a Recession, but Default Would Be Worse
    Economists assess the damage that could occur in three scenarios ranging from a last-minute deal to a lengthy impasse.  ( 27 min )
    Auto Dealers Finally Have Cars to Sell Again
    Some brands are getting heavier on inventory than others as shoppers’ concerns about rising interest rates put a dent in demand.  ( 27 min )
    Memory chip market may be showing signs of bottoming out as China's YMTC leads Samsung, Micron in raising prices
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    AT&T opposes the Starlink and T-Mobile satellite-to-phone service plan
    AT&T has raised concerns that Starlink's and T-Mobile's satellite service, in its current proposed state, could interfere with existing wireless services.  ( 37 min )
    Goldman’s David Solomon: There’s More Banking Consolidation to Come
    The Goldman Sachs CEO sees more challenges for small and midsize institutions as the cost of banking continues to climb.  ( 22 min )
    A $518 Billion Rally Shows Japan Stocks Are All the Rage in 2023
    (Bloomberg) -- Some of the world’s most famed investors and the biggest Wall Street banks are voicing a near consensus that Japan’s stock market is the place to be as its larger peers — the US and China — grapple with rising economic headwinds.Most Read from BloombergDebt-Limit Talks Resume After Optimism Curbed by GOP Walk-OutMcCarthy Puts Debt-Limit Talks on ‘Pause’ as Clock Ticks DownDisney Closes Florida Star Wars Hotel, Scraps Plan to Move 2,000 EmployeesStock Market Keeps Rallying, Defying  ( 40 min )
    Explainer-What India's decision to scrap its 2000-rupee note means for its economy
    India will withdraw its highest denomination currency note from circulation, the central bank said on Friday. The 2000-rupee note, introduced into circulation in 2016, will remain legal tender but citizens have been asked to deposit or exchange these notes by Sept. 30, 2023. The decision is reminiscent of a shock move in 2016 when the Narenda Modi-led government had withdrawn 86% of the economy's currency in circulation overnight.  ( 38 min )
    US stocks close lower after Republicans and the White House hit an impasse in debt-ceiling talks
    "We've got to get movement by the White House and we don't have any movement yet," House Speaker Kevin McCarthy said about the stalled debt talks.  ( 38 min )
    Yes, a College Degree Is Still Worth It
    College graduates continue to command higher wages, but to combat falling enrollment, schools need to emphasize skills over credentials.  ( 25 min )
    America’s Biggest Bank Is Everywhere—and It Isn’t Done Growing
    The deposit crisis that toppled First Republic and two other banks has only made JPMorgan stronger.  ( 23 min )
    Americans view gold as a better investment than stocks for the first time since 2013. Here's why that's a good sign for the stock market.
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    Dow Jones Futures: Debt-Ceiling Talks Resume; Nvidia Earnings Key For Market Rally
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  • Open

    FHA Loans vs. Conventional: What’s the Difference?
    FHA loans and conventional loans are both types of mortgages—but an FHA loan is intended for borrowers with lower credit scores and income.  ( 29 min )
    Triangular Arbitrage: Definition and Example
    Triangular arbitrage involves the exchange of a currency in a series of three currency pairs over a short amount of time for a profit.  ( 20 min )
    Reciprocal Insurance Exchange: Definition, How It Works, Example
    Reciprocal insurance exchanges are where individuals and businesses exchange insurance contracts to spread the risk among themselves.  ( 22 min )
    6 Basic Financial Ratios and What They Reveal
    When it comes to investing, ratios can help make you a more informed investor when they're properly understood and applied. There are 6 basic financial ratios.  ( 25 min )
    How Do SPDRs, Vanguard ETFs, and iShares Differ?
    iShares, Vanguard ETFs, and spiders each represent different exchange-traded fund (ETF) families. Learn more about these ETF families and their differences.  ( 19 min )
    No-Appraisal Refinancing: Definition and Eligibility
    No-appraisal refinancing means that a lender does not require an independent assessment of a home’s value to extend a new mortgage.  ( 21 min )
    U.S. Stocks Advance Despite Retail Investors' Lethargy
    U.S. stocks have advanced in recent weeks despite substantially lower buying activity from retail investors.  ( 15 min )
    Government National Mortgage Association (Ginnie Mae): History and Programs
    Ginnie Mae is a federal government corporation that links the United States housing market to capital markets, providing low-cost financing for federal housing programs.  ( 21 min )
    Archer MSA Definition
    An Archer MSA is a medical savings account established in the 1990s and named after Texas Congressman Bill Archer.  ( 22 min )
    Budgeting for New Baby: Ongoing & One-Time Expenses
    This little member of your family will be a big expense. Find out what you need to budget for and how to save.  ( 26 min )
    Insurance Risk Class Definition and Associated Premium Costs
    An insurance risk class has similar characteristics, which are used to determine the risks of underwriting a policy and the premium that should be charged.  ( 22 min )
    Top Reasons Banks Won't Cash Your Check
    Cashing a check isn't always easy. Problems can include the age of the check, the amount of the check, and proof of identity of the person cashing it.  ( 22 min )
    Bank Deposits
    Bank deposits are money placed into a deposit account at a banking institution, such as savings accounts, checking accounts, and money market accounts.  ( 23 min )
    Here's How Citadel Star Priyanka Chopra Made Millions
    Hair care, homeware brand and even a custom popcorn flavor are among her brands  ( 20 min )
    Corrective Waves Definition
    Corrective waves are a set of price movements normally associated with the Elliott Wave Theory of technical analysis.  ( 18 min )
    Beat of the Week: Bath & Body Works Posts Biggest Weekly Gain Since November
    Bath & Body Works (BBWI) shares rise to two-month high after posting better-than-expected earnings and raising guidance for the year.  ( 17 min )
    Apple Users Can 'Talk' To ChatGPT Using New App. Here's What You Can Do With It.
    OpenAI's new ChatGPT app for Apple's iOS will allow users to use the chatbot "on the go," give it voice commands and receive ad-free recommendations.  ( 17 min )
    How to Evaluate a Company's Balance Sheet
    A company's balance sheet should be interpreted when considering an investment as it reflects their assets and liabilities at a certain point in time.  ( 26 min )
    How RIAs Can Avoid Discrimination in Hiring
    RIAs that operate their own small businesses may have HR departments with different experience than corporations, and may be more likely to make mistakes.  ( 24 min )
    Marriage vs. Common-Law Marriage: What's the Difference?
    The number of unmarried couples is on the rise, but they may not have similar benefits to married couples unless they have a common-law marriage.  ( 31 min )
  • Open

    U.S. Stocks Advance Despite Retail Investors' Lethargy
    U.S. stocks have advanced in recent weeks despite substantially lower buying activity from retail investors.  ( 1 min )
    Beat of the Week: Bath & Body Works Posts Biggest Weekly Gain Since November
    Bath & Body Works (BBWI) shares rise to two-month high after posting better-than-expected earnings and raising guidance for the year.  ( 1 min )
    Markets Fall as Debt Ceiling Talks Pause
    U.S. equities declined on Friday, May 19, 2023 as GOP negotiators called for a pause in talks to raise the federal debt ceiling.  ( 1 min )
  • Open

    Zelfscankassa's en inflatie leiden tot meer gepik in supermarkt
    Klanten van supermarkten namen vorig jaar vaker iets mee zonder te betalen dan in 2021. Supermarkten liepen daardoor gemiddeld 66.300 euro per winkel mis. In 2021 lag dat bedrag ongeveer 20.000 euro lager, blijkt uit onderzoek van retailspecialist Marshoek waar NOS over schrijft.  ( 3 min )
    Waarom boycot rechts Amerika merken zoals Disney?
    Sommige grote Amerikaanse merken en bedrijven worden geboycot door Republikeinen. Volgens rechts-conservatief Amerika zijn bedrijven als Disney te 'woke', omdat ze zich veel met sociale kwesties bezighouden. Wat is er aan de hand?  ( 4 min )
    Adidas verkoopt berg aan Yeezy-spullen, opbrengst deels naar goede doelen
    Adidas begint eind mei met de verkoop van de spullen die voortkwamen uit de samenwerking met Kanye West. Die samenwerking werd verbroken na antisemitische uitlatingen van de rapper, die inmiddels door het leven gaat als Ye. Volgens het sportmerk gaat "een aanzienlijk deel" van de opbrengsten naar het goede doel.  ( 3 min )
    Make-upinfluencers maken jongeren te onzeker, vindt de cosmeticabranche
    Jonge influencers zijn belangrijk voor cosmeticamerken. Als een mascara of huidcrème viral gaat, is de kans groot dat het een goedlopend product wordt. Toch probeert de Nederlandse Cosmetica Vereniging deze reclames te beteugelen: "Merken realiseren zich niet wat de gevolgen zijn voor het zelfbeeld van jongeren."  ( 5 min )
  • Open

    Catalent Shares Climb After Positive Comments About the Firm's Business
    Catalent shares jumped after the contract drug maker said customer supplies are strong and it's getting "significant" new business.  ( 1 min )
    Foot Locker's Profit and Sales Miss Estimates, and the Retailer Cuts its Outlook
    Foot Locker reported first quarter earnings and revenue that came short of analyst estimates and lowered its guidance.  ( 1 min )

  • Open

    The 5 Stocks That Rule This Market—and Make Investors Nervous
    Apple and its compatriots have returned an average of 50% in 2023, accounting for roughly 80% of the S&P 500’s 8% gain.  ( 22 min )
    Stock Market Shrugs Off Doomsday Scenarios. It Might Be Right.
    There’s a bear market in worry on Wall Street—about higher rates, a debt-ceiling debacle, and more. When sentiment is this bearish, gains often follow.  ( 22 min )
    Berkshire Stock Buys Still Get a Buffett Bounce—but Maybe Not the Expected Results
    Over the past few years, Berkshire Hathaway has engaged in more rapid trading in its $350 billion portfolio. Some plays are made by Warren Buffett’s lieutenants.  ( 23 min )
    A Wounded Carl Icahn Makes His Play at a Struggling Illumina
    The legendary activist, whose own company is under attack, has launched a proxy contest for three seats on the gene-sequencing giant’s board, which is mired in a messy acquisition. The stakes are high for both.  ( 23 min )
    Western Alliance Stock Is Positioned to Outperform Peers
    Analysts weigh in on Western Alliance, YETI Holdings, Expedia Group, MercadoLibre, and Nvidia  ( 22 min )
    Tesla Stock’s Twitter Overhang Is Gone. Here’s What Comes Next.
    It was a bumpy ride, as is usually the case with Tesla stock, but shares are up more than $11 since Musk announced he found a CEO for Twitter.  ( 22 min )
    These are the top 10 stocks held by 'Big Short' investor Michael Burry
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    Why an Interest Rate Hike Is Still on the Table for June
    Recent data point to consumer strength and even a pickup in housing. That leaves the Federal Reserve room to raise interest rates again in June.  ( 22 min )
    Third Point to Pay Out Hedge-Fund Redemptions with Cash and IOUs
    Daniel Loeb's Third Point told its hedge-fund clients Friday that investors exiting its funds would be paid out with a mix of cash and the equivalent of an IOU for about 9% of their money, according to a letter viewed by The Wall Street Journal. The new redemption policy highlights the frozen state  ( 20 min )
    Fund manager outperforming 96% of peers bets big on AI with Nvidia and Microsoft but avoids Apple, Alphabet and Meta
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    JetBlue and American Airlines were ordered by a judge to end their alliance in the Northeast US
    A federal judge in Massachusetts struck down a partnership between JetBlue and American Airlines to coordinate routes and schedules in the Northeast US, which had effectively combined the Boston and New York operations of the two carriers. Citing antitrust grounds, the judge ruled that the deal was a “naked agreement not to compete.”  ( 39 min )
    Stock Market Action Plan: Nvidia, D.R. Horton And A Wave Of Retail Earnings
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    Walmart, Tesla, Micron: Stocks That Defined the Week
    Seven major companies whose stocks moved on the week’s news.  ( 26 min )
    Treasury's Cash Pile Shrinks Further as Debt-Ceiling Talks Stall
    (Bloomberg) -- Yields on US Treasury bills that mature in early June have resumed climbing as the federal government’s coffers dwindle to the lowest level in almost a year-and-a-half, increasing pressure on lawmakers to strike a deal to raise the debt limit as negotiations show signs of faltering on Capitol Hill.Most Read from BloombergZelenskiy’s Surprise G-7 Stop Unnerves Critical Brazilian LeaderHedge Funds’ Ultra-Bearish Oil Bets Signal US Recession AngstDebt-Limit Talks Resume After Optimis  ( 39 min )
    LGBTQ+ group suspends Bud Light maker's rating over handling of backlash to transgender influencer
    The country's largest advocacy group for LGBTQ+ rights has suspended its benchmark equality and inclusion rating for Anheuser-Busch, citing the beer company's handling of the hate-filled and transphobic backlash to its partnership with transgender influencer Dylan Mulvaney last month. The Human Rights Campaign informed the Bud Light maker that it suspended the company's 2022 Corporate Equality Index score — a tool that measures corporate policies, practices and benefits related to the well-being of lesbian, gay, bisexual, transgender and queer employees — on May 9, according to a letter shared with the The Associated Press on Friday. The suspension of Anheuser-Busch’s CEI score means that the company “no longer has the right to use the ‘Best Places to Work’ distinction,” HRC’s letter says.  ( 39 min )
    VMware Extends Deadline for Takeover by Broadcom in Face of Scrutiny
    (Bloomberg) -- VMware Inc. has agreed to extend the deadline for its takeover by Broadcom Inc. as the $61 billion deal faces regulatory scrutiny. Most Read from BloombergMcCarthy Puts Debt-Limit Talks on ‘Pause’ as Clock Ticks DownDisney Closes Florida Star Wars Hotel, Scraps Plan to Move 2,000 EmployeesMorgan Stanley CEO Gorman to Step Down Within 12 MonthsWall Street Fears $1 Trillion Aftershock From Debt DealNYC Skyscrapers Sit Vacant, Exposing Risk City Never PredictedThe companies are now a  ( 38 min )
    Strike expands Bitcoin payments to 65 countries, moves global headquarters to El Salvador
    The Jack-Mallers led Lightning app says it can now support nearly 3 billion people globally.  ( 39 min )
    It’s Time to Think Bigger on AI. These 8 Stocks Could Be the Next Winners.
    If AI is going to change the world, investors will have lots of ways to play the theme. Here are ideas that go beyond Nvidia, Microsoft, and Alphabet.  ( 23 min )
    Dan Ives says China is losing the A.I. race as Wedbush sees ‘discernibly more clients in Asia’ rotating toward Silicon Valley
    Investors in Asia seem to be betting bigger on American A.I. than China's.  ( 39 min )
    Stock Market Keeps Rallying, Defying Doom Scenarios
    (Bloomberg) -- A recession will torpedo stocks. Or banking turmoil. Or a government default, or falling earnings, or a too-aggressive Federal Reserve.Most Read from BloombergMcCarthy Puts Debt-Limit Talks on ‘Pause’ as Clock Ticks DownDebt-Limit Talks Resume After Optimism Curbed by GOP Walk-OutDisney Closes Florida Star Wars Hotel, Scraps Plan to Move 2,000 EmployeesMorgan Stanley CEO Gorman to Step Down Within 12 MonthsWall Street Fears $1 Trillion Aftershock From Debt DealDoom-saying is never  ( 41 min )
    Semiconductor Stock Rambus Could Be An Acquisition Target: Analyst
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    ON Semiconductor Seen Outpacing Rivals In Silicon Carbide Chips
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    Foot Locker Stock Tumbles After Earnings Report
    Shares of Foot Locker tumbled Friday after the retailer missed Wall Street expectations in its latest quarterly report and slashed its outlook for the full year. The stock closed down 27%. Foot Locker [posted adjusted earnings](https://www.wsj.com/articles/foot-locker-fl-q1-earnings-report-2023-8f  ( 18 min )
    This Little-Known Hotel REIT Is Up 46% Over The Past Two Months
    Most of 2022 was bad for real estate investment trusts (REITs), particularly the hotel REIT subsector, as inflation, Federal Reserve rate hikes, hurricanes, airline delays and the threat of a recession provided headwinds for the group. Several hotel REITs lost as much as 40% to 50% of their value throughout the year. But some hotel REITs have bounced back in 2023 as the hospitality industry saw an uptick in business and personal travel. Many hotel REITs announced first-quarter operating results  ( 40 min )
    Shun mega-cap tech stocks as a 'big asset bubble' is building in growth shares, Bank of America's top strategist says
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    Boeing, First Solar, and Viking Therapeutics Notch Stellar Performances Over the Last Year
    Three stocks have had stellar performances over the last 12 months in their respective indexes, according to Dow Jones Market Data as of Friday afternoon. The best performer in the Dow Jones Industrial Average is aerospace giant Boeing (BA), which has gained 70% over the last 12 months. The best p  ( 23 min )
    Homebuilders Are Booming. There Are Two Big Reasons Why
    Homebuilder shares have been some of the top-performing stocks of the past year. Five big builders—including D.R. Horton, Lennar and PulteGroup—are trading near record highs, even with Friday's rare declines. This is probably not what investors expected when the Federal Reserve began raising intere  ( 18 min )
    'We Are Going Up': New York Mets Owner Steve Cohen Identifies 'Big Wave' Of Opportunities In This Segment. Here's How He's Positioning His Bets
    Heightened interest rates have cast a shadow of doubt over stock market optimism, intensifying concerns of a looming economic downturn. Many experts have called for a recession. But billionaire hedge fund manager and New York Mets owner Steve Cohen is taking a bullish stance. “I’m making a prognostication — we’re going up,” he said at a private conference, according to Bloomberg. Cohen knows a thing or two about navigating the markets and rising to the top. After all, the hedge fund manager’s ca  ( 40 min )
    Tyson Insiders Bought Up the Beaten-Down Shares
    A disappointing quarterly report hammered Tyson stock. CEO Donnie King led a group of executives in scooping up shares.  ( 22 min )
    How a U.S. debt default could impact your money
    "It's hard to overstate how bad it would be," one expert said. Everything from Social Security payments to your retirement fund could get hit.  ( 39 min )
    The stunning tech rally that boosted Meta and Nvidia by over 100% will fizzle out soon, top RBC strategist says
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    Tesla offering discounts of over $1,300 on some U.S. Model 3 cars-website
    Tesla is offering discounts of more than $1,300 on some Model 3 cars in its U.S. inventory following even heavier discounts in Europe, according to a Reuters' review of its website, at a time when the electric carmaker has raised U.S. prices on most newly ordered cars this month. Tesla, which this year has aggressively cut vehicle prices in several regions, is resorting to the traditional automakers' tactic of offering incentives to clear inventory at a time when it faces economic headwinds and rising competition, industry analysts say. Tesla CEO Elon Musk told shareholders on Tuesday the company will try advertising for the first time, in a move seen by analysts to drum up demand.  ( 38 min )
    Goldman Sachs Says Small-Cap Stocks Are Attractively Valued at Current Levels; Here Are 2 Names the Banking Giant Likes
    Small-caps may be poised for another lackluster year, but according to Luke Barrs, asset manager and global head of client portfolio management for the investment bank Goldman Sachs, there are compelling factors that make them an attractive investment choice. Acknowledging the risks and poor sentiment that characterize the current market, Barrs goes on to say, “There are many parts of the small-cap space that are being penalized due to the macro concerns of the past couple of years.” He further  ( 42 min )
    Warren Buffett's Berkshire Hathaway And Two More Stocks Hit New Highs
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    The S&P 500 will crash 30% by December as spending slumps, profits shrink, and banking problems mount, markets guru Larry McDonald warns
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    Alibaba Makes Another Step Towards Unlocking Value
    On May 18th, following Walmart (NYSE: WMT) who topped estimates due to resilient customers, Alibaba Group Holding Limited (NYSE: BABA) showed it has made significant progress on the profitability front, despite quarterly revenue missing expectations. This is the first report since its historical restructuring that split the company into six business units and also the first since COVID-19 restrictions were eased at the end of last year. Fourth Quarter Highlights Revenue for the quarter ended on  ( 39 min )
    Carl Icahn bet on America to fail. Instead he lost $9 billion
    A short seller accused the billionaire of covering up his losses by bribing shareholders with a dividend. Now he admits his 'mistake': 'Don't fight the fed'  ( 40 min )
    Everyone Is Focusing on Bud Light’s Transgender Controversy. They’re Missing a Bargain Stock Opportunity.
    The controversy over Bud Light’s transgender promotion obscures Anheuser-Busch InBev’s push to boost global sales and revenue growth  ( 22 min )
    The biggest home buyers in America are now selling more property than they're buying
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    Household bills to plunge by £500 as Putin's energy war fails
    Household energy bills are expected to fall by an average £500 from July in a sign that Vladimir Putin's attempt to "weaponise" Russia's gas supplies have failed.  ( 62 min )
    Analyst Report: Walmart Inc
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    Analyst Report: UWM Holdings Corporation
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    US regional bank stocks fall after Yellen says more bank mergers necessary
    Shares of U.S. regional lenders fell on Friday after CNN reported that U.S. Treasury Secretary Janet Yellen told bank chief executives that more mergers may be necessary following a series of bank failures. Yellen also reaffirmed the strength and soundness of the country's banking system at the meeting with bank CEOs on Thursday in the aftermath of the collapse of Silicon Valley Bank, Signature Bank, and First Republic Bank. The KBW Regional Banking Index fell 3%, with shares of PacWest Bancorp and Western Alliance among the biggest losers as they shed 4% each.  ( 39 min )
    Brazil’s Market Likes Its New President. 6 Stocks to Play.
    The catalyst for the market’s upturn is a set of fiscal rules by Brazil’s president to fix recurring budget deficits. Investors were pleased.  ( 22 min )
    Market Update: AMAT, EA, WMT, UWMC
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    Western Alliance, KeyCorp Fall as Report Says Yellen Notes More Bank Mergers May Be Needed
    Treasury Secretary Janet Yellen told bank chief executives that more bank mergers may be necessary, according to a report from CNN.  ( 23 min )
    GE CFO Leaving Because Soon There Will Be No GE
    GE announced that CFO Carolina Dybeck Happe will leave and Rahul Ghai will take over. Given what's coming, it makes a lot of sense.  ( 22 min )
    Forget Apple Stock. Here’s the Reason the S&P 500 Is Doing So Well.
    Apple makes up about 8% of the S&P 500's market cap, while Nvidia and other AI-focused companies make up around 15%.  ( 26 min )
    Nine Rounds of Interviews and No Call Back: It’s Harder Than Ever to Land a White Collar Job
    Hiring for the office set is slowing down and employers are getting picky again  ( 28 min )
    Foot Locker Steps in It, Keeps Moving
    The new CEO has laid out a sensible strategy, but progress is difficult to see in such a challenging economic environment.  ( 27 min )
    What's Going On With Nvidia Stock Friday
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    Artificial intelligence gives real boost to U.S. stock market
    Recent advances in artificial intelligence are fueling optimism over how businesses can operate more productively in the years ahead. The S&P 500's 9% rally this year has been driven by a handful of the index's biggest stocks, a number of which are at the center of the AI frenzy that has spread in the wake of the chatbot sensation ChatGPT. Five stocks - Microsoft, Google parent Alphabet, Nvidia, Apple and Meta Platforms - are responsible for the S&P 500's entire year-to-date return, said Jessica Rabe, co-founder of DataTrek Research.  ( 39 min )
    Republicans storm out of ‘unreasonable’ debt ceiling talks with White House
    Joe Biden cut short a dinner with Rishi Sunak and other world leaders on Friday as crunch talks over raising America's debt ceiling continued.  ( 38 min )
    Powell Signals a June Pause, Says Fed Can Afford to Watch Data
    (Bloomberg) -- Federal Reserve Chair Jerome Powell gave a clear signal he is inclined to pausing interest-rate increases next month and said that tighter credit conditions could mean the policy peak will be lower.Most Read from BloombergDisney Drops Plan to Move Workers to Florida, Closes HotelWall Street Fears $1 Trillion Aftershock From Debt DealMorgan Stanley CEO Gorman to Step Down Within 12 MonthsNYC Skyscrapers Sit Vacant, Exposing Risk City Never PredictedUkraine Leader Zelenskiy to Visit  ( 38 min )
    Disney stock slumps on Wall Street downgrade citing 'near-term uncertainties'
    Disney shares are under pressure after one Wall Street analyst said uncertainties like declining linear networks, direct-to-consumer hurdles, and a slowing parks business are clouding the media giant's future.  ( 40 min )
    Stock Market Slumps as Republicans Walk Out of Debt Ceiling Talks
    Stocks were dropping sharply Friday amid disappointing news about debt ceiling discussions. The Dow Jones Industrial Average shed 134 points, or 0.4%, the S&P 500 lost 0.3%, and the Nasdaq Composite fell 0.4%. Negotiators broke off talks on the debt ceiling Friday morning, The Wall Street Journal  ( 26 min )
    Stocks Waver During Powell’s Speech
    Stocks gave back earlier gains during remarks by Federal Reserve Chairman Jerome Powell at the Thomas Laubach Research Conference in Washington D.C. that underlined the  ( 24 min )
    Catalent Stock Surges Even as It Needs More Time to Post Quarterly Figures. Here’s Why.
    Catalent reduces fiscal 2023 revenue guidance but says its customer supply situation remains 'healthy' and that it continues to 'win significant new business.'  ( 22 min )
    Apple Is Reaching Deeper Into Your Pocket. Why PayPal and Other Fintechs Should Be Scared.
    The iPhone maker is expanding its virtual wallet to take on many of the functions performed by fintechs, like paying bills, issuing credit cards, or offering buy-now-pay-later service.  ( 23 min )
    3 Retail REITs On The Rebound
    It’s often said that successful investing involves buying high-quality stocks and holding them for the long term. But it’s not just about what stocks you buy. It’s also when you buy them that determines your total return. If high-quality stocks are in a sector that is out of favor, it could still be a long time before the investor sees a profit. For investors in real estate investment trusts (REITs), holding these stocks long term through 2022 and part of 2023 has been difficult. Even stalwart r  ( 40 min )
    Carl Icahn Admits Making A Mistake On Bearish Bet, Said He Should Have Kept His Own Advice
    Prominent activist investor Carl Icahn has acknowledged his error in placing a substantial bet on a market crash, ultimately resulting in his group suffering losses of nearly $9 billion over six years. The net asset value of Icahn Enterprises LP (NASDAQ: IEP) decreased from $7.9 billion in 2017 to $5.6 billion this month, posing a potential issue for Icahn, as he traditionally opted for an annual dividend of $8 per share in stock rather than cash. Consequently, the number of outstanding shares m  ( 39 min )
    Ask an Advisor: Can a Nursing Home ‘Take Our IRA?' My Wife and I Are Elderly. We Have a $100K IRA and a Trust to Protect Our Assets.
    My wife and I are elderly. I have an individual retirement account (IRA) worth about $100,000, and we have a trust set up through our children to protect our assets. If one or both of us have to go into … Continue reading → The post Ask an Advisor: Can a Nursing Home ‘Take Our IRA?' My Wife and I Are Elderly. We Have a $100K IRA and a Trust to Protect Our Assets. appeared first on SmartAsset Blog.  ( 40 min )
    Snowflake Stock Kicks Into Gear Ahead Of Fiscal Q1 Results; Nvidia, ELF Beauty, PANW Set To Report
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    India to withdraw 2,000-rupee notes from circulation
    MUMBAI (Reuters) -India will start withdrawing 2,000-rupee ($24.5) notes from circulation, its central bank said on Friday, adding that evidence showed the denomination was not being commonly used for transactions. The notes will remain legal tender, but people will be asked to deposit and exchange them for smaller denominations between May 23 and Sept. 30, the Reserve Bank of India said. "The stock of banknotes in other denominations continues to be adequate to meet the currency requirement of the public," the RBI added in a statement.  ( 37 min )
    After Scorching Big Tech Rally, One Indicator Is Flashing Sell
    (Bloomberg) -- This year’s searing Big Tech rally is showing signs of overheating, with at least one technical measure suggesting a pullback might be right around the corner. Most Read from BloombergDebt-Limit Talks Resume After Optimism Curbed by GOP Walk-OutMcCarthy Puts Debt-Limit Talks on ‘Pause’ as Clock Ticks DownStock Market Keeps Rallying, Defying Doom ScenariosDisney Closes Florida Star Wars Hotel, Scraps Plan to Move 2,000 EmployeesMorgan Stanley CEO Gorman to Step Down Within 12 Month  ( 39 min )
    Stocks rise amid debt limit confidence: Stock market news today
    Stock futures rose on Friday morning, extending a week of gains.  ( 39 min )
    FarFetch Stock Is Rallying. Why Two Analysts Aren’t Ready to Chase it Higher.
    The fashion retailer's sales of $556.4 million exceeded expectations of $513.2 million and grew 8.1% from a year earlier.  ( 22 min )
    Nio, A Big Supporter Of Battery Swapping, Buys Stake In Nuclear Fusion Startup
    Chinese EV maker NIO Inc (NYSE: NIO) has invested in a startup firm developing fusion technologies. It endorses battery swapping as a quicker solution for powering up EVs and an energy storage facility to improve grid stability. In two decades, the newly established company, Neo Fusion, will research and develop technologies to commercialize controlled fusion globally, Reuters cites familiar sources. Neo Fusion is 50% controlled by China's eastern province of Anhui government-owned energy compan  ( 39 min )
    2 “Strong Buy” Dividend Stocks Under $10 With at Least 15% Dividend Yield
    Every investor seeks to reap the rewards of their stocks; otherwise, they wouldn’t be involved in the markets. However, discovering the ideal investment, one that will yield profits, can prove to be a challenge, particularly in today’s market environment. To ensure solid returns, investors can follow two straightforward strategies. The first is to buy low and sell high. That is, find a cheap stock with sound fundamentals and good prospects for growth – and buy in to take advantage of the growth  ( 42 min )
    Protect Your Assets From Nursing Homes With This
    A Medicaid asset protection trust (MAPT) can be useful for estate planning if you believe you or your spouse will need long-term care at some point. Transferring assets to this type of trust can allow you to qualify for Medicaid … Continue reading → The post How a Medicaid Trust Protects Your Assets appeared first on SmartAsset Blog.  ( 41 min )
    Treasury Bills vs. Bonds: Which Will Get Me More Cash?
    Fixed-income securities play an important role within individual investment portfolios and the economy at large. But like other securities, fixed-income instruments come in a myriad of variations, from short-term Treasury bills that only pay interest when the bill matures, to … Continue reading → The post Treasury Bills vs. Bonds: What's the Difference? appeared first on SmartAsset Blog.  ( 40 min )
    Can I Retire Off the Interest of $2 Million?
    For older Americans, living off the interest and returns of your retirement account is how retirement is structured. The goal is that by the time you hit your late 60s you will ideally have enough saved up to coast indefinitely. … Continue reading → The post How Much Interest Does $2 Million Pay Monthly? appeared first on SmartAsset Blog.  ( 43 min )
    Fed's Williams says world of low interest rates still prevails
    Federal Reserve Bank of New York President John Williams said Friday the U.S. and other major economies are still in a fundamentally low-interest-rate world despite the impact of the coronavirus pandemic and the inflation surge arising from it. Speaking to a conference at the Federal Reserve in Washington, Williams’ remarks took on the technical concept of the natural rate of interest, which is the interest rate that neither slows nor stimulates the economy. Before the pandemic struck, this measure, referred to as R-Star, had been historically low, allowing the central bank to keep its interest rate target at fairly low levels.  ( 38 min )
    Warren Buffett Keeps Buying Occidental Petroleum Stock As OXY Stake Nears 25%
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    Dow Jones Futures Rise Ahead Of Powell Speech; Warren Buffett Boosts Stake In Occidental
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    Warren Buffett Is Making A Mint On 7 Stocks That Pay No Dividends
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    Foot Locker Stock Sinks. Here’s Why It Slashed Its Outlook.
    Foot Locker also posts fiscal first-quarter earnings and sales that missed analysts' expectations.  ( 22 min )
    GE shuffles its CFO as it prepares to split into 3 public companies
    Carolina Dybeck Happe will step down as finance chief, and Rahul Ghai will become the CFO, effective Sept. 1.  ( 40 min )
    These Stocks Are Moving the Most Today: Deere, Foot Locker, Applied Materials, Farfetch, Alibaba, Palantir, and More
    Deere's fiscal second-quarter earnings and sales beat Wall Street estimates, while Foot Locker slashes its fiscal-year outlook, sending the stock sharply lower.  ( 23 min )
    Daily – Vickers Top Buyers & Sellers for 05/19/2023
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    Daily – Vickers Top Insider Picks for 05/19/2023
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    Analyst Report: Vontier Corp
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    Analyst Report: Wendy`s Co
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    Analyst Report: Alibaba Group Holding Ltd
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    Analyst Report: Firstenergy Corp.
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    Technical Assessment: Bearish in the Intermediate-Term
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    Market Digest: FE, WEN, BABA, VNT
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    Deere Smashes Earnings Estimates (Again). The Stock Is Rising.
    Friday morning, Deere reported earnings per share of $9.65 from about $16 billion in equipment sales. Wall Street was looking for earnings per share of $8.58 on equipment sales of $14.9 billion, according to FactSet.  ( 22 min )
    Deere Earnings Easily Beat Views On Strong Farm-Equipment Demand
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    ‘You can’t tell me this doesn’t work’: Shark Tank’s Kevin O’Leary has ripped apart Elon Musk’s claim that working from home is ‘immoral’
    The entrepreneur is fine that some staff at his companies will "never" return to the office—in fact he wants to see more of it.  ( 39 min )
    These Stocks Are Moving the Most Today: Deere, Applied Materials, Farfetch, Alibaba, Palantir, Nvidia, and More
    Barron's live coverage of financial markets, from stocks and bonds to oil and crypto.  ( 23 min )
    Fed's Powell in the spotlight as pressure grows to 'fish or cut bait' on rates
    Wall Street, small businesses and potential homebuyers may all breath a sigh of relief if the Federal Reserve chooses not to raise interest rates at its policy meeting next month, as many traders and analysts expect. But U.S. central bank officials are not only still on the fence about a pause in their 14-month tightening cycle, they are only starting to hash out whether to frame that decision as an extended halt to the aggressive run of rate hikes or a mere "skip" to give the economy some breathing room, with more borrowing cost increases coming soon if inflation does not decline. Between the possibility the Fed may deliver a rate hike at its June 13-14 meeting and the uncertainty around how policymakers might describe a decision not to, there's no guarantee of clarity soon from a central bank whose officials are beginning to diverge over what should happen next.  ( 39 min )
    Bank of America says markets 'underestimate' the Fed's next move
    Markets are looking for an abrupt reversal in the Fed's rate hikes later this year. Strategists at Bank of America think no matter what happens, investors will find themselves flat-footed.  ( 40 min )
    Fed says it's unlikely to cut interest rates in 2023, even in recession. Markets don't buy it
    The Fed says it won't cut interest rates this year even if there's a recession because it wants to stamp out inflation. Markets aren't buying it.  ( 42 min )
    The US Treasury's pile of cash is dwindling
    While President Joe Biden, House Speaker Kevin McCarthy, and other politicians in Washington strive to reach a deal to raise the US federal government’s $31.4 trillion debt ceiling, the US Treasury’s cash balance fell to $87 billion on Monday (May 15), the lowest it’s been since April 12.  ( 38 min )
    BofA Strategist Says Sell US Stocks as AI Seen Forming a Bubble
    (Bloomberg) -- Bank of America Corp. strategist Michael Hartnett reiterated his call to sell US stocks, saying tech and artificial intelligence are forming a bubble and the Federal Reserve’s rate hikes may not be over, with rising bond yields posing a risk.Most Read from BloombergDisney Drops Plan to Move Workers to Florida, Closes HotelWall Street Fears $1 Trillion Aftershock From Debt DealSingapore Air Hands Staff Eight Months’ Salary Bonus After Record ResultsNYC Skyscrapers Sit Vacant, Expos  ( 39 min )
    Chinese Tech Giants’ Results Reflect Lackluster Economic Recovery
    Alibaba’s shares fell after revenue missed forecasts; Tencent and Baidu saw more marked upturn.  ( 27 min )
    10 Picks to Play a Resurgent Energy Sector, From Our Roundtable Experts
    Our energy roundtable predicts higher crude prices as global demand grows faster than supply. What’s ahead for U.S. shale, the majors, and the energy transition.  ( 23 min )
    Analysis-US debt ceiling deal could stall safety flight fueling megacap rally
    A potential deal to lift the U.S. debt ceiling could spur money managers to pare holdings in the massive technology and growth stocks that have been havens this year and shift into the rest of the market, some investors believe. Strong balance sheets and predictable cash flows have made megacap stocks such as Google parent Alphabet, Microsoft Corp and Amazon.com attractive places to hide over the last few months as investors worried about everything from the debt ceiling to a U.S. banking mess. Should a deal on the debt ceiling be reached, "the pattern that we've seen over the last few months will reverse," said Michael O'Rourke, chief market strategist at Jones Trading, who is more bullish on equal-weighted S&P 500 exchange-traded funds than the market-cap weighted index.  ( 40 min )
    The stock market has flipped from 'sell the rip' to 'buy the dip,' and that should help push the S&P 500 above a key resistance level
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    Carl Icahn lost $9 billion on an ill-timed short trade. Here's what he says are 3 big lessons from the soured bet.
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    Gold inches higher, but set for worst week in 3-1/2 months
    Gold prices were on course for their biggest weekly drop in 3-1/2 months on Friday as hopes for a resolution in the U.S. debt ceiling negotiations and fading expectations of a rate cut by year-end took some shine off bullion. Spot gold was flat at $1,958.29 per ounce by 0231 GMT, and was set for a 2.6% weekly drop - its biggest since early February. Markets see a positive end to the debt ceiling talks as recent commentary has been about the progress being made, and given yields and the dollar are all going up at the same time, gold is pulling back, Ilya Spivak, head of global macro at Tastylive said.  ( 39 min )
    These are the top 10 holdings of Berkshire Hathaway's $325 billion stock portfolio
    The top 10 positions held in Berkshire Hathaway's portfolio make up a massive 90.2% of its $325 billion US stock portfolio.  ( 40 min )
  • Open

    Fiduciary Designations for Financial Advisors
    The Center for Fiduciary Studies offers the designations of AIF and AIFA, learn how they can help you and your clients enjoy a comfortable retirement.  ( 21 min )
    Dow Jones Today: Debt Deal Pause Drives Down Index
    Tech stocks Cisco Systems, Intel and IBM moved higher, but Nike dragged the Dow lower on shoe sale worries.  ( 16 min )
    Top CD Rates Today, May 19
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 18 min )
    Catalent Shares Climb After Positive Comments About the Firm's Business
    Catalent shares jumped after the contract drug maker said customer supplies are strong and it's getting "significant" new business.  ( 16 min )
    Markets Fall as Debt Ceiling Talks Pause
    U.S. equities declined on Friday, May 19, 2023 as GOP negotiators called for a pause in talks to raise the federal debt ceiling.  ( 16 min )
    Foot Locker's Profit and Sales Miss Estimates, and the Retailer Cuts its Outlook
    Foot Locker reported first quarter earnings and revenue that came short of analyst estimates and lowered its guidance.  ( 16 min )
    Long Position vs. Short Position: Key Differences
    Long positions in a stock portfolio refer to stocks that have been bought and are owned, whereas short positions are those that are owed, but not owned.  ( 25 min )
    How Much Money Do I Need to Put Down on a Mortgage?
    A down payment is your first upfront expense when buying a home.  ( 25 min )
    Short Covering: Definition, Meaning, How It Works, and Examples
    Short covering is a strategy where somebody who has sold an asset short buys it back to close the position.  ( 26 min )
    The 60-40 Portfolio Makes a Comeback
    The traditional "60/40" investment strategy is making a comeback, with the portfolio of 60% stocks and 40% bonds seeing a 28% jump so far this year, the best return since 1995.  ( 16 min )
    5 Things You Need to Be Pre-Approved for a Mortgage
    Mortgage pre-approval is an examination of a home buyer's finances and lenders require five items to ensure borrowers will repay their loan.  ( 27 min )
    10 Best Tools for Financial Advisors
    Financial advisors can stay abreast of financial trends and serve clients with these 10 state-of-the-art technological tools.  ( 23 min )
    Regulation Best Interest (BI): Definition, Broker Obligations
    Regulation Best Interest (BI) is an SEC rule that requires broker-dealers to recommend only products that are in their customers' best interests.  ( 24 min )
    Today's Mortgage Rates & Trends - May 19, 2023: Rates Climb
    Mortgage rates were up almost across all terms again, with 30-year rates rising to their highest level in more than two months, and 30-year mortgage refinance rates seeing a surge.  ( 19 min )
    Fed Officials Split On Whether To Raise Interest Rates Even Higher
    Officials at the Federal Reserve are divided on whether to pause the central bank’s aggressive campaign of interest rate hikes, speeches this week showed.  ( 18 min )
    Santander Bank CD Rates: May 2023
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    Third Federal CD Rates: May 2023
    A certificate of deposit is a good way to save money, especially when interest rates are high or rising. Learn about Third Federal Savings & Loan’s CD rates, term lengths, and more.  ( 18 min )
    Debit Card Definition, Fees, and How They Work
    A debit card lets you pay for purchases by deducting money from your checking account. Learn how debit cards work, about their fees, and pros and cons.  ( 28 min )
    Cash Saved During Pandemic is Letting Shoppers Keep Spending
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    Covered Interest Rate Parity: Definition, Calculation, and Example
    Covered interest rate parity refers to a theoretical condition in which the relationship between interest rates and the spot and forward currency values of two countries are in equilibrium.  ( 19 min )
    Nominal Value: What It Means, Formulas for Calculating It
    Nominal value of a security, often referred to as face or par value, is its redemption price and is normally stated on the front of that security.  ( 22 min )
    Investing in Commodity ETFs
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    What Is an Inflationary Gap?
    An inflationary gap measures the difference between the gross domestic product (GDP) and the potential GDP of an economy at full employment.  ( 22 min )
    Sam Zell: Legendary Real-Estate Investor
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    5 Things to Know Before Markets Open
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    Top Hotel Stocks for Q2 2023
    MGM Resorts International, Marriott International, and H World Group are the top hotel stocks for best value, fastest growth, and most momentum, respectively.  ( 24 min )
    Working as a Financial Planner
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  • Open

    Voor het eerst Nederlander op Amerikaanse sanctielijst om Russische kernwapens
    Voor het eerst is een Nederlander op de Amerikaanse sanctielijst voor Rusland gezet, meldt Follow the Money. Het gaat om Edwin Onno van Ingen. Volgens Washington werkt hij via zijn bedrijf Ronin Management B.V. samen met Russische laboratoria die gericht zijn op het ontwikkelen van kernwapens.  ( 4 min )
    Seksueel grensoverschrijdend gedrag kost Tesco-voorzitter de kop
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    Recordaantallen toeristen brengen geld in het laatje van Zuid-Europese landen
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    Volkswagen vertrekt uit Rusland na verkoop autofabriek
    Het Duitse autobedrijf Volkswagen heeft zijn fabriek in Rusland verkocht aan een lokale investeerder. Volkswagen had eerder al de productie in het land en de export naar Rusland stopgezet vanwege de oorlog in Oekraïne.  ( 3 min )
    Recordaantallen toeristen brengen geld in het laatje van mediterraanse landen
    Populaire Europese vakantielanden als Griekenland, Italië, Spanje en Portugal zien een enorme toestroom van toeristen dit jaar. Griekenland en Portugal breken zelfs records. Dat is gunstig voor de Zuid-Europese economieën, die sterk afhankelijk zijn van het toerisme.  ( 4 min )
    ECB haalt alles uit de kast om inflatie eurozone terug te brengen tot 2 procent
    De Europese Centrale Bank (ECB) gaat er alles aan doen om de inflatie in de eurozone terug te brengen tot 2 procent. Dat heeft ECB-president Christine Lagarde vrijdag gezegd.  ( 3 min )
    Gasprijs blijft maar dalen en duikt zelfs onder de 30 euro
    De gasprijs zakt verder en verder. Die daling kan gunstig uitpakken voor onze energierekening.  ( 3 min )
    Binnenvaart moet schoner gaan werken bij het ontgassen van de laadruimte
    Binnenvaartschepen mogen vanaf volgend jaar niet meer varend ontgassen in zes verschillende landen, waaronder Nederland. De giftige dampen die bij ontgassen vrijkomen zijn schadelijk voor mens en milieu. Het verbod komt er na aandringen van de binnenvaart, provincies en de Tweede Kamer.  ( 4 min )
    Disney trekt bouwplannen in na pesterijen door gouverneur Florida
    Walt Disney gaat toch niet voor honderden miljoenen investeren in Florida. Het bedrijf wilde een campus bouwen voor tweeduizend werknemers, die naar de Amerikaanse staat zouden verhuizen. Maar een conflict met gouverneur Ron DeSantis gooit roet in het eten.  ( 4 min )
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    Vijf miljoen abonnees van Netflix maken gebruik van het abonnement mét reclame. Met dat goedkopere abonnement wil de streamingdienst voorkomen dat het aantal abonnees daalt.  ( 3 min )
    Russische diamanten na lang twijfelen toch geweerd door Europa
    Europa gaat het invoeren van Russische diamanten beperken. Rusland kan met de diamanten de oorlog in Oekraïne financieren. Eerdere pogingen om de diamanten te weren, stuitten op weerstand van België. Nu gaat de EU toch stappen nemen, zegt Charles Michel, voorzitter van de Europese Raad.  ( 4 min )
    Disneys bouwplannen vallen in het water door conflict met gouverneur Florida
    Walt Disney gaat toch niet voor honderden miljoenen investeren in Florida. Het bedrijf wilde een campus bouwen voor tweeduizend werknemers, die naar de Amerikaanse staat zouden verhuizen. Maar een conflict met gouverneur Ron DeSantis gooit roet in het eten.  ( 4 min )
    OpenAI brengt AI-chatbot ChatGPT uit als app voor iPhone
    De op kunstmatige intelligentie gebaseerde chatbot ChatGPT is in de Verenigde Staten uitgebracht als app voor de iPhone. Later volgt een versie voor Android-toestellen en wordt de app in andere landen uitgebracht.  ( 3 min )
    De dag na Hemelvaart verplicht vrij? Dit zijn je rechten
    Hemelvaartsdag valt traditiegetrouw op een donderdag. Vaak moeten werknemers de dag na Hemelvaart verplicht vrij nemen, omdat het bedrijf die dag de deuren gesloten houdt. Veel mensen zijn blij met zo'n lang weekend, maar wat als je juist wel naar kantoor wilt?  ( 4 min )
  • Open

    The 60-40 Portfolio Makes a Comeback
    The traditional "60/40" investment strategy is making a comeback, with the portfolio of 60% stocks and 40% bonds seeing a 28% jump so far this year, the best return since 1995.  ( 1 min )
    5 Things to Know Before Markets Open
    President Biden said he was confident that negotiators would reach a deal on the debt ceiling and Fed Chair Jerome Powell is set to speak on monetary policy. Here’s what investors need to know today.  ( 1 min )

  • Open

    Berkshire Buys More Occidental Stock, Upping Stake to Nearly 25%
    Berkshire Hathaway bought about $200 million of Occidental stock in recent days, bringing its stake to $12.7 billion  ( 22 min )
    Oracle Stock Nears 2021 Highs; Big Tech Firm Teams Up With Nvidia On AI
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    AT&T Is Spending Billions to Wire U.S. for Fast Internet as Rivals Take Different Path
    The telecommunications company is broadening its network of fiber-optic cables amid a slowdown in mobile growth.  ( 26 min )
    Nvidia, AMD, Micron lead chip sector higher with AI, Japan in focus
    Shares in chip design software company Synopsys shares ended up 8.7% after it forecast better-than-expected third-quarter profit estimates, saying increased use of AI and automation boosted its business. Nvidia shares were up 5.0%, while the Philadelphia semiconductor index gained 3.2%. Micron's shares climbed 4.1% after announcing it would invest up to 500 billion yen ($3.70 billion) in extreme ultraviolet (EUV) technology in Japan in the next few years with Japanese government support.  ( 39 min )
    Stocks moving in after-hours: Ross Stores, Applied Materials
    These are the stocks moving in after-hours trade on May 18, 2023.  ( 40 min )
    Dow Jones Futures: S&P 500 Hits 2023 High As Nvidia, Netflix, Palantir Soar, But Don't Do This
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    We must fight back against end of home working, says Microsoft executive
    Workers must "actively fight back" against efforts by companies to force them back to the office after the pandemic ushered in an era of home working, a Microsoft executive has said.  ( 39 min )
    ‘Load Up,’ Says Raymond James About These 3 ‘Strong Buy’ Stocks
    Vintage sci-fi series The Twilight Zone told unsettling stories in which ordinary folks found themselves in outré situations and encountering exceptional circumstances. For Larry Adam, chief investment officer at Raymond James, given the “rapidly changing twists and turns we’ve seen in the global economy and the financial markets over the last few years,” it sometimes feels as if we have stepped into a modern-day iteration of the Twilight Zone. However, for those spooked by what does seem like a  ( 43 min )
    Applied Materials Sees Sales Drop as Chipmakers Pull Back Spending
    (Bloomberg) -- Applied Materials Inc., the biggest maker of semiconductor-making machinery, expects sales to decline in the current quarter, though not as sharply as analysts had feared.Most Read from BloombergSingapore Air Hands Staff Eight Months’ Salary Bonus After Record ResultsWall Street Fears $1 Trillion Aftershock From Debt DealHere’s How Much Wealth You Need to Join the Richest 1% GloballySam Zell, Billionaire Real Estate Investor, Dies at 81Supreme Court Leaves Intact Social Media Liab  ( 39 min )
    Widowed husband sues driver, bars after DUI crash killed bride on wedding night
    The alleged drunk driver who police say slammed into newlyweds riding along a South Carolina beach road now faces a wrongful death lawsuit alongside several establishments accused of overserving her on the night of the crash, which killed the bride. Four bars gave “copious amounts of alcohol” to a “visibly intoxicated” woman, identified as Jamie Lee Komoroski, last month before she drove 40 miles over the speed limit into a golf cart carrying the couple away from their wedding reception, according to a new lawsuit filed May 17. The April 28 wreck killed Samantha Miller, 34, and injured the groom, Aric Hutchinson, and two other passengers.  ( 39 min )
    Applied Materials Beats Earnings and Revenue Estimates. The Stock Slips.
    Revenue came in at $6.63 billion for the quarter, above analysts’ expectations of $6.39 billion.  ( 22 min )
    Disney Ends Plans to Relocate Thousands of Employees to New Florida Campus
    The move comes as the entertainment company is cutting costs, reversing moves by its previous CEO and fighting with Florida.  ( 28 min )
    Teva to Slim Down Generic Drug Business in Turnaround Effort. The Stock Is Jumping.
    The new corporate strategy aims to deliver a “pivot to growth," the drugmaker said.  ( 23 min )
    Banks Vying for Deposits Outbid by High-Yielding Treasuries
    (Bloomberg) -- US banks have been locked in a grueling battle for deposits they once took for granted. And one of the toughest combatants in the fight is the federal government.Most Read from BloombergDisney Drops Plan to Move Workers to Florida, Closes HotelWall Street Fears $1 Trillion Aftershock From Debt DealSingapore Air Hands Staff Eight Months’ Salary Bonus After Record ResultsNYC Skyscrapers Sit Vacant, Exposing Risk City Never PredictedHere’s How Much Wealth You Need to Join the Richest  ( 39 min )
    Elizabeth Warren: 'Very troubled' by First Republic sale to JPMorgan
    Senator Elizabeth Warren confronted regulators about a deal that made the nation's largest bank even bigger.  ( 41 min )
    Pennsylvania Farmer Behind $5 Trillion Trend Speaks Out: I Created A Monster
    Add up the market valuation of Apple Inc., all the cryptos in the world and entrepreneur Jeff Bezos’s fortune, and you get to over $3 trillion. But one 80-year-old man has created something bigger than all three of these combined. These days, he shuns the spotlight and lives on a modest farm in rural Pennsylvania. You would never guess the farm’s owner set in motion a $5 trillion force that grows each fortnight. Don't Miss: Why Jason Calacanis and Other Silicon Valley Elites Are Betting On This  ( 40 min )
    Big-name investors are going all-in on AI
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    Palantir Stock Jumps After a Big Purchase by Cathie Wood’s Ark
    Shares of Palantir jumped 13% on Thursday, on pace to close at a fresh 52-week high. The move comes after innovation investor Cathie Wood's Ark Investment Management disclosed a large purchase of Palantir on Wednesday. The firm said it bought more than 900,000 shares of Palantir for its flagship  ( 25 min )
    Charlie Javice, the startup founder accused of defrauding JPMorgan, is indicted
    Charlie Javice, who has been accused of defrauding JPMorgan Chase & Co through her now-shuttered college financial aid company Frank, has been indicted over her relationship with the bank. A four-count indictment made public on Thursday in Manhattan federal court charges Javice with securities fraud, wire fraud, bank fraud and conspiracy.  ( 38 min )
    150,000 Laid-Off Tech Workers Fuel Massive Wave Of New Startups – And They're Actually Making More
    This year did not start off great for many tech workers. After tens of thousands of layoffs in 2022, tech companies continued to shed workers in round after round of layoffs. Technology companies from Microsoft Corp. to Meta Platforms Inc. announced thousands of layoffs at the beginning of the year. Don’t Miss: Why Jason Calacanis and Other Silicon Valley Elites Are Betting On This Startups Vision For Re-Uniting American Families A report from placement services firm Challenger, Gray & Christmas  ( 41 min )
    Nvidia Stock Rises After Oppenheimer and Susquehanna Lift Price Targets
    Nvidia (ticker: NVDA) stock was rising following two price target lifts from analysts who are upbeat about the development of artificial intelligence tools and the subsequent  ( 25 min )
    What's Going On With Palantir Technologies Stock Thursday
    Palantir Technologies Inc (NYSE: PLTR) shares are shooting upwards Thursday after Cathie Wood's Ark Invest on Wednesday added 1.26 million shares to its kitty valued at $13 million. Thursday's session volume spiked to 84.4 million versus the 100-day average volume of 39.5 million. The data intelligence software firm posted upbeat quarterly numbers on May 8, reporting first-quarter sales of $525.19 million, up by 17.7% year-on-year, which beat the consensus estimate of $505.60 million. Palantir's  ( 38 min )
    Miller Lite Defends Marketing Chief Over Satirical Ad Criticized as ‘Woke’
    Conservative commentators target the brewer for a spot hitting past depictions of women in beer marketing.  ( 26 min )
    What Happens to Social Security Benefits if the U.S. Hits the Debt Limit?
    A disruption of benefits would strain the budgets of many of the 66 million Americans who get Social Security.  ( 28 min )
    Nasdaq Hits Highs As McCarthy Sees Path Ahead; Tech Leads The Charge
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    Hyundai, Kia agree to $200 million settlement over US car thefts
    Hyundai Motor and Kia Corp agreed to a consumer class-action lawsuit settlement worth $200 million over rampant car thefts of the Korean automakers' vehicles, lawyers for the owners and the automakers said on Thursday. In February, the Korean automakers said they would offer software upgrades to 8.3 million U.S. vehicles without anti-theft immobilizers to help curb increasing car thefts using a method popularized on TikTok and other social media channels. The settlement covers about 9 million U.S. owners and includes up to $145 million for out-of-pocket losses for consumers who had cars stolen, lawyers for the owners said.  ( 39 min )
    You May Be Eligible to Save Over $10K in Your HSA After Largest-Ever Contribution Limit Increase
    People with health savings accounts (HSAs) got some good news this week when the IRS rolled out the largest contribution limit increases in history. In 2024, an individual with self-only coverage can save up to $4,150 in an HSA, while a … Continue reading → The post You May Be Eligible to Save Over $10K in Your HSA After Largest-Ever Contribution Limit Increase appeared first on SmartAsset Blog.  ( 40 min )
    Carl Icahn admits he got bearish bet that cost $9bn wrong
    News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 6 min )
    Argenx Believes It Might Have 'One Of The Biggest Biologics' Ever — And Shares Are Soaring
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    Wall Street Fears $1 Trillion Aftershock From Debt Deal
    (Bloomberg) -- Looming behind market fears over the prospect of a historic US default is the less-discussed risk of what would follow a deal to resolve the debt-ceiling impasse.Most Read from BloombergSingapore Air Hands Staff Eight Months’ Salary Bonus After Record ResultsHere’s How Much Wealth You Need to Join the Richest 1% GloballyWall Street Fears $1 Trillion Aftershock From Debt DealMercedes Sets Out to Make Sexy Vans With Yacht-Like InteriorsSam Zell, Billionaire Real Estate Investor, Die  ( 41 min )
    Electric Vehicles Are Draining Billions From Profitable ICE Legacy Automakers With Ford Projecting $3 Billion in Losses
    There's nothing cheap about developing, manufacturing, delivering and investing in the future of electric vehicles (EVs). Ford Motor Co. is finding this out the hard way — just the same as many other automakers — with the company's EV unit projected to lose about $3 billion in 2023. Don’t Miss: Why Jason Calacanis and Other Silicon Valley Elites Are Betting On This Startups Vision For Re-Uniting American Families Is It A Big Deal? A lot can be said for Ford's honesty with the public, its investo  ( 40 min )
    Sam Zell, business tycoon who drove the L.A. Times into bankruptcy, dies
    Known as 'the Grave Dancer,' Zell was an unlikely media baron when he purchased the Tribune Co.  ( 45 min )
    Feeding the Need for Speed: AT&T's Grand $42.5B Plan to Expand Fiber-Optic Reach
    AT&T Inc (NYSE: T) is expanding its fiber-optic cable network to deliver fast internet speeds for customers, including those without broadband presence. AT&T has tapped BlackRock, Inc (NYSE: BLK) and eyes government funding to accelerate the build-out to fund the extravagant expansion worth $42.5 billion as its debt load outstrips its annual revenue, the Wall Street Journal reports. AT&T and BlackRock have collectively invested $1.5 billion in the Gigapower venture so far. AT&T will serve as the  ( 39 min )
    Sam Zell, billionaire real estate investor, dies at 81
    Billionaire real estate investor Sam Zell has died at the age of 81, his real estate investment trust Equity Residential said in a statement on Thursday.  ( 38 min )
    Not enough resources for EVs to be only cleaner car option, Toyota says
    A lack of resources means battery electric vehicles (BEV) cannot be the auto sector's only answer to climate change, Toyota Motor Corp's top scientist said Thursday, warning that focusing on BEVs could lead some drivers to hold onto polluting vehicles. Some investors and environmental groups have long criticised Toyota for being slow to embrace BEVs, saying it has lagged Tesla Inc and others amid growing global demand. The world's top automaker by sales has countered that BEVs are just one option and that gasoline-electric hybrids, such as its pioneering Prius, are a more realistic choice for some markets and drivers.  ( 39 min )
    Dow Jones Lags Big Tech After Walmart, Cisco Reports; Progressives To Biden: End Debt-Ceiling Talks, Invoke 14th Amendment
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    Analyst Downgrades 4 REITs In One Morning: Is Your Stock One Of Them?
    Nobody likes to begin Monday morning hearing bad news, but that’s what happened this week to investors when Wolfe Research analyst Andrew Rosivach downgraded four real estate investment trusts (REITs) to kick off the new market week. Analysts carry a lot of weight, and when one or more downgrades a stock, it can cause shares to drop by several percentage points in just a few days. For example, on March 23, Barclays Investment Bank analyst Anthony Powell downgraded SL Green Realty Corp. (NYSE: SL  ( 41 min )
    This CEO Just Bought Over $9 Million In Company Stock
    It’s often said that a company’s prospects can be predicted by stock purchases made by company insiders. Insiders may sell stock for any number of reasons, but purchases are only made because the insider expects to make a profit on shares down the road. Studies have shown that when the company insider is high up in the organization, such as the CEO or chief financial officer, a purchase of company stock is even more significant for future price performance than when a purchase is made by a direc  ( 40 min )
    Alibaba Shares Are a Bet on Spinoffs, Not Growth
    Renewed hopes that big spinoffs will soon unlock substantial value for shareholders will probably provide a lift to the company’s stock in the near term.  ( 25 min )
    Stocks mixed amid debt debate, Walmart earnings: Stock market news today
    Stock futures rose on Thursday as America's largest retailer surprised to the upside with its quarterly earnings report.  ( 39 min )
    Nvidia Stock Has Soared This Year. The Case for It to Rise Higher.
    The chip maker is at the center of the AI feeding frenzy, which is making Wall Street bullish ahead of its earnings.  ( 22 min )
    Move over Apple, Step launches 5% savings account
    Step, the digital banking service geared toward teens and young adults, is now offering a 5% rate on its savings accounts. There are no monthly fees and no minimum balance requirements on the Step accounts, and customers who open an FDIC-insured savings account with up to $250,000. “The direct deposit is to encourage people to utilize the full suite of Step products,” CJ MacDonald, co-founder and CEO of Step, told TechCrunch.  ( 38 min )
    Persistently high inflation is causing a split among Federal Reserve officials over next steps
    The stubbornness of high inflation is dividing the Federal Reserve over how to manage interest rates in the coming months, leaving the outlook for the Fed's policies cloudier than at any time since it unleashed a streak of 10 straight rate hikes beginning in March 2022. Many Fed watchers have expected the central bank's officials to forgo another increase in their benchmark rate when they next meet in mid-June. On Thursday, Lorie Logan, president of the Federal Reserve Bank of Dallas, said she believes that the economic data so far doesn't support a pause in the central bank's rate hikes next month.  ( 40 min )
    Netflix says ad tier has 5 million monthly active users: 'The signals are promising'
    Netflix's ad-supported tier is beginning to show some signs of life.  ( 40 min )
    Alibaba Breakup Begins With Spinoff of $12 Billion Cloud Arm
    (Bloomberg) -- Alibaba Group Holding Ltd. will begin exploring initial public offerings for its logistics and grocery arms, kicking off a long-awaited breakup that may help reverse anemic growth at China’s cloud and online commerce leader.Most Read from BloombergHere’s How Much Wealth You Need to Join the Richest 1% GloballySingapore Air Hands Staff Eight Months’ Salary Bonus After Record ResultsMercedes Sets Out to Make Sexy Vans With Yacht-Like InteriorsThe $120 Million Ghost Ship Antigua Is D  ( 41 min )
    ‘Big Short’ Michael Burry Snaps Up These 2 Stocks — Here’s Why They May Be Worth Buying
    Some people are destined to always be known for one significant act, and whenever the name Michael Burry comes up, it’s obligatory to mention the Big Short, the book, and subsequent movie that detailed Burry’s exploits during the 2008 financial crisis. Betting against the housing market, Burry foresaw its collapse and pocketed huge profits. With the global economy once again appearing fragile, in recent times, Burry, who runs hedge fund Scion Asset Management, has periodically waded with forecas  ( 42 min )
    EyePoint Pharma Offloads Its Commercially-Available Eye Implant For $82.5M Plus Royalties
    EyePoint Pharmaceuticals Inc (NASDAQ: EYPT) has agreed to sell Yutiq (fluocinolone acetonide intravitreal implant) 0.18mg to Alimera Sciences Inc (NASDAQ: ALIM). Yutiq is a treatment for chronic non-infectious uveitis affecting the posterior segment of the eye. The FDA approved the treatment in October 2018. What Happened: Alimera will receive global rights to Yutiq outside of China, Hong Kong, Taiwan, Macau, and Southeast Asia, where Yutiq is exclusively licensed to Ocumension Therapeutics, and  ( 39 min )
    How to Retire Comfortably With $1.5 Million at 45
    It is possible to retire comfortably at 45 if you have $1.5 million. However, it's not guaranteed to work. And whether it will for you depends on a number of variables, only some of which you can control. Having to … Continue reading → The post Can I Retire Comfortably With $1.5 Million at 45? appeared first on SmartAsset Blog.  ( 40 min )
    High-earning millennials say making over $100k doesn’t always add up to a lot: ‘Are we getting by? Yes. But we’re not getting ahead.’
    "I recognize that I’m extremely privileged, but I still feel mounting pressure when it comes to our finances," says Kelly, 29.  ( 47 min )
    Dow Jones Futures Fall After Jobless Claims; Walmart Rallies On Earnings
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    Schwab Raises $2.5 Billion in Bonds to Shore Up Finances
    Shares of the financial broker have dropped 35% over the past three months.  ( 22 min )
    EUR/USD Price Forecast – Euro Continues to Drift Lower
    The euro continues to drift lower on Thursday, as the US dollar is getting a bit of a reprieve. Whether or not this is a simple pullback or a change of direction remains to be seen.  ( 39 min )
    A Fed Pause Could Be an ‘Almost Generational’ Opportunity for Bond Investors
    Bond pros say fixed income is poised to outperform equities this year.  ( 22 min )
    GE finance chief Dybeck Happe to step down
    Rahul Ghai will become the CFO of GE, effective Sept. 1, while retaining his role as the finance chief of GE Aerospace, the company said in a statement. A former A.P. Moller-Maersk executive, Dybeck Happe took over as GE's CFO in early 2020.  ( 38 min )
    Walmart raises full year outlook as first quarter sales top expectations
    Walmart reported sales that beat expectations and raised its full year forecast in its quarterly report Thursday morning.  ( 40 min )
    Alibaba Stock Rises On Earnings, Spinoff News. But Is BABA Stock A Buy Now?
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    Alibaba Outlines Units’ IPO Plans as It Splits Into Six Groups
    Chinese e-commerce giant Alibaba said it will soon start carving out its units via IPOs, pushing forward with a plan to unlock the value of its businesses. Alibaba in March said it plans to [split itself into six independently run companies](https://www.wsj.com/articles/alibaba-to-split-into-six-se  ( 20 min )
    Walmart Lifts Guidance, Bucking Weaker Retail Trends. The Stock Is Rising.
    The retail giant reports adjusted fiscal first-quarter earnings of $1.47 a share on revenue of $152.3 billion.  ( 22 min )
    Chip Giant Embraces AI And Its Inner 'Zen' To Ignite New Buy Zone
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    Walmart Lifts Full-Year Outlook as Quarterly Sales Surge
    Sales from stores and digital channels operating for at least 12 months grew 7.4% in the quarter ended April 28.  ( 25 min )
    UPDATE 2-Alibaba misses revenue estimates, approves cloud unit spinoff
    China's Alibaba Group Holding Ltd said on Thursday that fourth-quarter revenue climbed 2%, missing expectations. Chinese consumer spending has gained some momentum since the country abandoned draconian zero-COVID policies late last year, but still remains relatively muted amid a wobbly economic recovery. Earlier this year, Alibaba announced plans to restructure into six units, a move that follows a two-year regulatory crackdown on China's tech sector.  ( 38 min )
    Alibaba misses revenue estimates, approves cloud unit spinoff
    China's Alibaba Group Holding Ltd said on Thursday that fourth-quarter revenue climbed 2%, missing expectations. The 208.20 billion yuan ($30.12 billion) logged for the three months ended in March compares with a Refinitiv consensus estimate of 210.3 billion yuan drawn from 26 analysts. Chinese consumer spending has gained some momentum since the country abandoned draconian zero-COVID policies last year, but even so remains relatively muted amid a wobbly economic recovery.  ( 38 min )
    Advisor: 'I Muffled My Screams Of Horror' After Client Asked This
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    Stocks to Watch Thursday: PacWest, Micron, Cisco, Walmart
    ↗️ PacWest (PACW) and Western Alliance (WAL): The regional banks jumped almost 7% and 5% respectively in early trading. That built on big rallies Wednesd  ( 18 min )
    Charles Schwab to raise $2.5 billion through debt offering
    Brokerage firm Charles Schwab Corp said on Thursday it was looking to raise up to $2.5 billion through a debt offering. The company will raise $1.2 billion through notes due 2029 and the rest via notes due 2034, it said. BofA Securities, Citigroup, Credit Suisse, Goldman Sachs & Co LLC, J.P. Morgan and Wells Fargo Securities are the joint book-running managers for the offering.  ( 38 min )
    Micron, Probed by China, to Get $1.5 Billion Funds From Japan for Next-Gen Chips
    (Bloomberg) -- Micron Technology Inc. is poised to land about ¥200 billion ($1.5 billion) in financial incentives from the Japanese government to help it make next-generation memory chips in the country, according to people familiar with the matter, the latest step in Tokyo’s effort to bolster domestic semiconductor production.Most Read from BloombergHere’s How Much Wealth You Need to Join the Richest 1% GloballyMercedes Sets Out to Make Sexy Vans With Yacht-Like InteriorsThe $120 Million Ghost  ( 41 min )
    The tide is turning in favour of the bond market
    Slack water. The brief moment when the tide is neither ebbing nor flowing and there’s an eerie calm. That’s how the bond market feels at the moment. A change of direction is imminent but we’re not quite there yet. It feels like an opportunity.  ( 40 min )
    These Stocks Are Moving the Most Today: Walmart, Alibaba, Cisco, Take-Two, and More
    Walmart and Alibaba are scheduled to report quarterly earnings on Thursday, shares of Cisco tumble after orders fall at the networking giant, and Take-Two Interactive signals that a strong pipeline of videogame titles will drive growth.  ( 23 min )
    A Fed Pause Could Be an ‘Almost Generational’ Opportunity for Bond Investors
    Bond pros say fixed income is poised to outperform equities this year.  ( 22 min )
    Analysis-'Big money never buys cheap': Why investors are waiting on Japan
    As Japan's stock market roars to multi-decade highs, large investors with long memories say they are staying out, wary of sagging momentum and the prospect the central bank will unwind its massive monetary stimulus. Riding a wave of buybacks and strong corporate earnings, and pumped up by a weak yen, the broad Topix index scaled peaks not seen since 1990 this week and the benchmark Nikkei, up more than 3% in four days, is near similar heights. Yet for many, the lofty milestones are a reminder that Japan's stocks have gone sideways for years, making many foreign asset allocators reluctant to venture into the market.  ( 40 min )
    4 big analyst cuts: Nu slashed at Citi, Futu gets 2 downgrades
    Here is your Pro Recap of the biggest analyst cut you may have missed since yesterday: downgrades for Nu, Futu, Magellan Midstream, and Intercept Pharmaceuticals. Citi downgraded digital banking platform Nu (NYSE:NU) to Neutral from Buy and cut its price target to $6.10 from $7.00, as reported in real time on InvestingPro. Futu (NASDAQ:FUTU) shares fell around 2% pre-market today after the company received downgrades from JPMorgan and Morgan Stanley following the announcement that the company is removing its app from China’s onshore app stores.  ( 39 min )
    Why is the US dollar so strong again?
    U.S. inflation is cooling and the Federal Reserve may pause its interest rate hikes next month. One is that a range of worries - about the U.S. debt ceiling negotiations, the health of banks, and the global economy's outlook - are burnishing the dollar's safe-haven credentials. Meanwhile, there are some signs that the Fed may have to raise rates again, and that more technical factors to do with investor positioning are involved.  ( 40 min )
    Micron Outlines $3.6 Billion Investment in Chip Plant With Japan’s Backing
    The U.S. chip maker’s deal with Tokyo comes at a time of rising tension between Washington and Beijing over chip technology.  ( 25 min )
    Carl Icahn and Illumina Square Off Soon. The Stakes Are High.
    Icahn, who's also juggling an attack from a short seller and questions from prosecutors, is going after the CEO of the gene sequencing leader.  ( 23 min )
    'Clock has hit midnight': China loans pushing world’s poorest countries to brink of collapse
    A dozen poor countries are facing economic instability and even collapse under the weight of hundreds of billions of dollars in foreign loans, much of them from the world’s biggest and most unforgiving government lender, China. An Associated Press analysis of a dozen countries most indebted to China — including Pakistan, Kenya, Zambia, Laos and Mongolia — found paying back that debt is consuming an ever-greater amount of the tax revenue needed to keep schools open, provide electricity and pay for food and fuel.  ( 56 min )
    Marketmind: Get ready for the debt ceiling rally
    European shares look poised to rally after a wave of optimism that a U.S. debt ceiling deal could be reached as soon as the weekend, which lifted stocks on Wall Street and in Asia. Investors keyed in on an agreement between President Joe Biden and top congressional Republican Kevin McCarthy to negotiate a deal directly, with Biden cutting short an Asia trip to return to talks on Sunday. The air may be getting thin in some stock markets, particularly Japan's. The Nikkei came within 130 points of its highest since 1990 - back in the days of the "bubble economy" - after smashing through 30,000 a day earlier for the first time in 20 months.  ( 39 min )
    Hedge fund billionaire Steve Cohen tells investors to ride the 'big wave' of artificial intelligence and stop focusing on recession odds
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    Investors have pulled $8 billion from one specific part of the stock market in just 2 months on recessions worries and debt ceiling fears
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    Dow Jones Makes Bullish Move On Debt-Ceiling Deal Hopes. Here's What To Do Now.
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  • Open

    Markets Gain Amid Optimism About a Deal to Lift the Debt Ceiling
    U.S. equities rose for a second straight day on May 18, 2023 amid optimism a deal may come soon to raise the government's debt ceiling.  ( 1 min )
    5 Things to Know Before Markets Open
    President Biden arrives in Japan for the G7 meeting and Cisco shares fall after reporting a second quarterly decline in orders. Here’s what investors need to know today.  ( 1 min )
  • Open

    What Is the Balance of Payments?
    Learn about the balance of payments and how it helps countries to track how much money is coming in and going out.  ( 24 min )
    Inflation and Interest Rates Relationship Explained
    Inflation and interest rates are linked, but the relationship isn’t always straightforward.  ( 27 min )
    Financial Accounting Meaning, Principles, and Why It Matters
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    What Is an Amortization Schedule? How to Calculate with Formula
    Amortization is an accounting technique used to periodically lower the book value of a loan or intangible asset over a set period of time.  ( 32 min )
    What Is a B Corp? Advantages, Disadvantages, and Examples
    B Corp certification is given to companies that meet certain standards for social and environmental performance by the nonprofit organization B Lab.  ( 22 min )
    Top CD Rates Today, May 18
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 19 min )
    5 Alternative Investments.
    Your investment portfolio should be diversified. Discover legitimate non-stock-market investment vehicles that may help you prosper.  ( 21 min )
    How to Buy Alternative Investments
    If you are looking to invest outside of stocks and bonds, opening an alternative investing account is a critical first step. Learn what you need to open an alternative investing account and how to do it.  ( 24 min )
    Why Private Market Real Estate Should Be Your Next Investment in 2023
    To help you determine whether private real estate investments are right for you, we’ve highlighted some of the key benefits of these unique assets.  ( 16 min )
    How Real Estate Can Serve As A Hedge Against Inflation
    With inflation on the rise, it's important to have the right investment strategy. Here’s why you should consider adding real estate to your portfolio.  ( 16 min )
    Dow Jones Today: Intel Pushes Index Higher
    Tech stocks Intel, Cisco, Salesforce help lead Dow higher, while P&G dives on a rating cut.  ( 16 min )
    How Investing in Real Estate Can Help Build a Portfolio
    Investors are searching for ways to reduce the fluctuations in their portfolios and find ways to make their portfolios more resilient.  ( 16 min )
    The Top 3 Real Estate Investment Trends of 2023
    As homebuying continues to grow in popularity, opportunities for real estate investing are also increasing—and many rely on a few key trends.  ( 18 min )
    Markets Gain Amid Optimism About a Deal to Lift the Debt Ceiling
    U.S. equities rose for a second straight day on May 18, 2023 amid optimism a deal may come soon to raise the government's debt ceiling.  ( 16 min )
    Home Equity Loan Fees vs. Mortgage Loan Fees
    Home equity loans generally have higher interest rates but lower closing costs and fees than mortgages, so it pays to shop around.  ( 22 min )
    Falling Economic Index Suggests Recession Ahead
    The Conference Board's Leading Economic Index fell for the 13th consecutive month in April and pointed to a recession in 2023.  ( 16 min )
    Walmart Boosts Its Outlook as Profit and Sales Rise
    Walmart's quarterly results beat analysts' forecasts, and the big retailer raised its guidance.  ( 17 min )
    Can Bitcoin Kill Central Banks?
    Bitcoin is a peer-to-peer unofficial currency that operates without government or central bank oversight. Central banks are keeping a close eye on it.  ( 24 min )
    How to Find Scholarships
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    Are Fundrise's eREITs Right for You?
    Here are the top three things to keep in mind when considering investing in Fundrise's eREITs.  ( 22 min )
    As Broad Student Loan Relief Hangs in the Balance, Biden Has Already Forgiven $66 Billion
    While President Joe Biden’s controversial plan for broad student loan forgiveness has grabbed headlines, the administration has more quietly forgiven $66 billion for 2.2 million borrowers in specific situations.  ( 18 min )
    9 Tips for Growing a Successful Business
    Without a proper plan and organization, making money in a business can be much harder than you think. Check out these nine tips to grow your business.  ( 27 min )
    Naked Options Expose You to Risk
    Find out why these enticing options can spell trouble for your bottom line.  ( 23 min )
    Who Is Richard H. Anderson?
    Richard H. Anderson was CEO of Delta Air Lines during its merger with Northwest Airlines, and was most recently the CEO of Amtrak.  ( 22 min )
    Top Pharmaceutical Stocks for Q2 2023
    Aclaris Therapeutics, Collegium Pharmaceutical, and Intra-Cellular Therapies lead the industry in quarterly revenue growth  ( 21 min )
    Sales of Existing Homes Fell 3.4% in April
    Sales were down 23.2% from a year earlier.  ( 17 min )
    What Is a Secured Credit Card? How It Works
    A secured credit card is a type of credit card that is backed by a cash deposit, which serves as collateral should you default on payments.  ( 27 min )
    Take-Two Interactive Shares Soar on Upbeat Earnings, Demand Forecast
    Take-Two Interactive (TTWO) is the best-performing stock in the S&P 500 as the video game publisher reported better-than-expected sales, and said it expects demand to soar in coming years.  ( 16 min )
    Today's Mortgage Rates & Trends - May 18, 2023: Rates Mostly Flat
    Rates for most mortgage types were flat to minimally up, though the 30-year averages inched up just enough to return to 7% territory for the first time in a month.  ( 17 min )
    Amazon Cloud Unit to Invest $12.7 Billion in India by 2030
    Amazon.com Inc is expanding its operations in India, joining the list of tech companies betting big on one of the world's fastest-growing economies.  ( 17 min )
    Traveler's Check: What It Is, How It's Used, Where To Buy
    A traveler’s check is a once-popular—but now largely outmoded—exchange medium used in place of currency, often by people traveling abroad.  ( 23 min )
    Why Do So Many People Fall Behind on Their Taxes?
    Despite the threat of pursuit by possibly the most feared organization in the U.S., millions of Americans fail to pay their taxes on time.  ( 23 min )
    Top Challenges for Financial Advisors
    Managing expectations, communication, and industry-wide complexity are some of the top challenges financial advisors face today.  ( 23 min )
    Money Market Account vs. Savings Account
    Learn how money market and savings accounts differ, and why a depositor may choose a money market account over a savings account.  ( 22 min )
    Charles Schwab to Raise $2.5 Billion Via Bond Sales
    Charles Schwab will raise $2.5 billion via bond sales to fund corporate expenses and business growth as the brokerage giant deals with the fallout from recent banking turmoil.  ( 16 min )
    The Power of Compound Interest: Calculations and Examples
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    Zoom Earnings Expected to Shrink as Return to Office, Competition Heat Up
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    New York Rent Reaches a Record High
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    Retail Banking vs. Corporate Banking Explained
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    Ackman, Hedge Fund Peers Veer Toward Tech, Troubled Banks
    High-profile investors veered toward technology stocks and troubled banks in the first quarter while generally reducing exposure to energy and value-oriented stocks.  ( 18 min )
    5 Things to Know Before Markets Open
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    Three Past Debt Limit Standoffs Ended Without a Default—This Time Could Be Different
    The government has narrowly averted disaster in three previous debt ceiling standoffs, but this time may be tougher.  ( 18 min )
    What Are the Main Types of Mortgage Lenders?
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    Conventional Mortgage or Loan
    A conventional mortgage is a homebuyer’s loan made through a private lender. Compared to Federal Housing Administration (FHA) loans, conventional loans tend to have higher interest rates.  ( 29 min )
    Flat Dollar
    A flat dollar is a fixed dollar amount charged for transactions, as opposed to an amount based upon a percentage of the transaction.  ( 18 min )
  • Open

    Walmart Boosts Its Outlook as Profit and Sales Rise
    Walmart's quarterly results beat analysts' forecasts, and the big retailer raised its guidance.  ( 1 min )
    American Airlines Recovery May Have Stalled in Q1
    American Airlines' post-pandemic recovery stalled in the first quarter, but better days may lie ahead as peak travel season looms.  ( 1 min )
    Charles Schwab to Raise $2.5 Billion Via Bond Sales
    Charles Schwab will raise $2.5 billion via bond sales to fund corporate expenses and business growth as the brokerage giant deals with the fallout from recent banking turmoil.  ( 1 min )
    Amazon Cloud Unit to Invest $12.7 Billion in India by 2030
    Amazon.com Inc is expanding its operations in India, joining the list of tech companies betting big on one of the world's fastest-growing economies.  ( 1 min )
    Take-Two Interactive Shares Soar on Upbeat Earnings, Demand Forecast
    Take-Two Interactive (TTWO) is the best-performing stock in the S&P 500 as the video game publisher reported better-than-expected sales, and said it expects demand to soar in coming years.  ( 1 min )
  • Open

    Shell wil meer winst maken met zijn groene energietak en onderdelen afstoten
    De delen van Shell die zich richten op hernieuwbare energie, moeten meer geld opleveren, volgens bestuurders van het olie- en gasconcern. De minder succesvolle onderdelen willen ze afstoten.  ( 3 min )
    De graandeal is weer verlengd: waarom is dat belangrijk?
    Rusland en Oekraïne zijn het donderdag op het nippertje eens geworden over het verlengen van de graandeal tussen beide landen. Het gaat om een verlenging van twee maanden. Wat is de graandeal ook alweer? En waarom is-ie zo belangrijk?  ( 4 min )
    NU+ | Apple houdt zich afzijdig in de nieuwe AI-race: mist het bedrijf de boot?
    Google, Microsoft en OpenAI buitelen over elkaar heen om te laten zien wat er mogelijk is met hun AI. Maar wat zijn de plannen van Apple op het gebied van kunstmatige intelligentie? Het bedrijf van Tim Cook lijkt zich nog niet echt in de wedstrijd te mengen.  ( 4 min )
    Deutsche Bank schikt voor 75 miljoen dollar met slachtoffers Jeffrey Epstein
    Deutsche Bank gaat 75 miljoen dollar (70 miljoen euro) betalen aan slachtoffers van Jeffrey Epstein. Een misbruikslachtoffer van de overleden Amerikaanse zakenman had de Duitse bank aangeklaagd. Die zou misbruikpraktijken mogelijk hebben gemaakt door Epstein financiële diensten te blijven leveren.  ( 3 min )
    DekaMarkt stopt met boodschappen bezorgen
    Slecht nieuws voor mensen die graag boodschappen bestellen bij DekaMarkt. De supermarktketen stopt per 2 juni met het thuisbezorgen.  ( 2 min )
    Kabinet wil CO2 uit de lucht halen via ons afval, maar er zijn wel hindernissen
    Als het aan het kabinet ligt, gaan we via de verbranding van ons restafval grootschalig CO2 uit de lucht halen. Maar de afvalbranche heeft haar twijfels of het lukt om al in 2030 miljoenen tonnen CO2 onder de zee op te slaan.  ( 8 min )

  • Open

    Financier Rajeev Misra Is All Over WeWork Deal
    The financier, who retains a role at SoftBank, recently agreed through his new fund to provide the office landlord nearly $500 million of high-interest debt, putting him on two sides of the same deal.  ( 25 min )
    The federal government's bank account just saw a sharp drop in cash as the default deadline looms
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    Insiders Load Up on These 2 Dividend Stocks With Impressive Yields of 9% or More
    “Legendary investor Peter Lynch has a straightforward perspective on corporate insiders and their actions in the stock market. He put it simply: ‘Insiders might sell their shares for any number of reasons, but they buy them for only one reason—they think the price will rise.’ Indeed, one of the best stock signals comes from corporate insiders, the company officers who hold positions of high responsibility – to their Boards, and to their peers, and to their shareholders and customers – for bringi  ( 43 min )
    Microsoft CMO tells employees the stock price is the ‘most important lever’ to get a pay raise after cashing out on $4.4 million worth of stock this month
    Microsoft CMO told staff that their best way to increase salary is to make the stock go higher, after selling $4.4 million worth of stock this month.  ( 40 min )
    Charles Schwab to raise $2.5 billion in long-term debt - WSJ
    Charles Schwab said it intends to use the net proceeds for "general corporate purposes", and did not disclose the pricing for the offering in its filing with the U.S. Securities and Exchange Commission. BofA Securities, Citigroup, Credit Suisse, Goldman Sachs & Co. LLC, J.P. Morgan and Wells Fargo Securities are the joint book-running managers for the offering.  ( 38 min )
    Stocks moving in after-hours: Take-Two Interactive, Cisco
    These are the stocks moving in after-hours on Wednesday, May 17, 2023.  ( 39 min )
    Analysis-Elon Musk's embrace of advertising at Tesla grabs marketers' attention
    With Elon Musk outlining plans for Tesla Inc to use traditional advertising for the first time, viewers might see the electric-vehicle maker's Model Y crossover or upcoming Cybertruck pickup - maybe even the billionaire CEO himself - on TV or online. Musk revealed those plans on Tuesday at the company's annual meeting, an about-face for the celebrity executive who recently acquired social media platform Twitter. "We'll try out a little advertising and see how it goes," he told investors in Austin, Texas.  ( 41 min )
    Top CD Rates Today, May 17
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 18 min )
    Synopsys Stock Rises As Chip Design Software Firm Delivers Beat-And-Raise Report
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    Schwab Taps Credit Markets To Raise $2.5 Billion In Debt
    The brokerage giant, under scrutiny this year, said in a filing it would use the proceeds for general corporate purposes.  ( 27 min )
    Cisco Gives Strong Sales Forecast In Sign Companies Are Still Spending on IT
    (Bloomberg) -- Cisco Systems Inc., the largest maker of machines that run computer networks and the internet, gave a strong sales forecast for the current quarter, indicating some customers remain committed to upgrading their corporate technology infrastructure.Most Read from BloombergHere’s How Much Wealth You Need to Join the Richest 1% GloballyMercedes Sets Out to Make Sexy Vans With Yacht-Like InteriorsJPMorgan Asset Says Markets Are Right to Bet on US Rate CutsDebt-Limit Talks to Intensify  ( 39 min )
    Cisco Earnings Top Estimates As The Company's Outlook Edges By Views
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    Cisco's orders hit by sluggish demand, shares fall
    Cisco Systems Inc beat third-quarter revenue estimates on Wednesday as easing supply hurdles helped the company clear order backlogs for its networking gear. The company posted revenue of $14.57 billion in the quarter, compared with analysts' estimates of $14.39 billion, according to Refinitiv.  ( 38 min )
    California Mutual Fund Manager Gets Four Years in Prison in $106 Million Fraud
    (Bloomberg) -- A California mutual fund manager was sentenced to four years in prison for defrauding investors whose $106 million he said would be put in US Treasury bills and other safe assets but was instead lost in much riskier investments.Most Read from BloombergHere’s How Much Wealth You Need to Join the Richest 1% GloballyMercedes Sets Out to Make Sexy Vans With Yacht-Like InteriorsJPMorgan Asset Says Markets Are Right to Bet on US Rate CutsThe $120 Million Ghost Ship Antigua Is Desperate  ( 38 min )
    Billionaire Investor Stanley Druckenmiller Warns Of 'Biggest And Probably Broadest Asset Bubble' — Here's How He's Preparing For 'The Grand Finale'
    By increasing borrowing costs and reducing liquidity, interest rate hikes have the potential to cool asset bubbles. But despite the Federal Reserve’s aggressive rate hikes, billionaire investor Stanley Druckenmiller doesn’t believe the bubble has dissipated. “I’m sitting here staring in the face at the biggest and probably the broadest asset bubble — forget that I’ve ever seen, but that I’ve ever studied,” he said at the 2023 Sohn Investment Conference. “It went on for 10 or 11 years and then it  ( 39 min )
    Meta and Nvidia Shares Are Soaring
    A pair of tech stocks are seeing growth in the triple digits this year. Meta Platforms (META) is up 102% this year, on pace for its best year since 2013, when it rose 105%, according to Dow Jones Market Data. Nvidia (NVDA) has gained 105% so far this year, and is on pace for its best year since 20  ( 22 min )
    AB InBev stock drops as analysts look for 'stabilization' in Bud Light sales declines
    An Instagram post during March Madness apparently set off Kid Rock — and began a long six week PR nightmare for Bud Light which has dragged down sales sharply.  ( 40 min )
    GE Soars 55% As 93% Growth Outlook Powers Bellwether Stock
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    Treasury's Plunging Cash Pile Raises Risk of Early June X-Date
    (Bloomberg) -- A faster-than-expected decline in the US Treasury Department’s cash balance is leading market participants to question whether the government will be able to make it until mid-June tax payments, potentially dashing hopes for a late-summer deadline. Most Read from BloombergHere’s How Much Wealth You Need to Join the Richest 1% GloballyDebt-Limit Talks to Intensify as Biden Set to Depart for JapanJPMorgan Asset Says Markets Are Right to Bet on US Rate CutsMercedes Sets Out to Make S  ( 40 min )
    Stocks Climb After Biden Speaks on Debt Ceiling
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    Hedge Fund Trader Sanjay Shah Loses Appeal Over Order to Pay $1 Billion in Tax
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    Hot Chip Stock Rambus Is Breaking Out, Fueled By AI, Network Product Rollout
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    Pfizer, Amgen, and 7 More Cheap Healthcare Stocks for Investors to Consider
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    Half of Americans Won't Be Able to Afford Their Standard of Living in Retirement: Here's What You Can Do
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    Ask an Advisor: What Should I Do With My Retirement Accounts When I Retire?
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    Stocks rise as earnings, debt-ceiling talks stay in focus: Stock market news today
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    AI Is Reshaping Jobs. Here Are the Companies to Watch.
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    These Lithium Stocks Are Near Buy Points With SQM Earnings Due
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    Apple Thwarts $2B In Fraud Transactions, UBS Takes $17B Hit From 'Hasty Credit Suisse Takeover,' Verizon Streamlines Unlimited Data Plans: Today's Top Stories
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    Tesla Stock Rises After Annual Meeting. There Are a Couple Reasons for That.
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    Almost 8 in 10 People Oppose Raising the Full Retirement Age for Social Security
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    Verizon Streamlines Unlimited Data Plans, Looks At Competitive Pricing
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    Western Alliance leads regional bank stocks higher
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    FDA Signals Support For Pfizer's Maternal RSV Shot Ahead Of Adcomm, Pfizer Raises $31B In Debt To Fund Seagen Deal
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    Regional Bank Stocks Are in the Green
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    Bitcoin’s Correction Deepens. Prices Could Be Headed to These Levels.
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    Are You Actually Part of the American Middle Class? Find Out
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    How to Stop Nursing Homes From Taking Your Life Insurance From a Beneficiary
    A lengthy nursing home stay can be expensive, and if you don't qualify for Medicaid, you may need to draw down your assets to pay for it. You may choose to leave a life insurance policy behind to help your … Continue reading → The post Can Nursing Homes Take Your Life Insurance From Your Beneficiary? appeared first on SmartAsset Blog.  ( 41 min )
    IMF's Gopinath sees 'sizeable' upside inflation risks, says markets too optimistic
    The International Monetary Fund's no. 2 official said on Wednesday she sees sizeable risks that inflation will remain high or accelerate in many emerging markets and urged central banks to keep monetary policies tight. IMF First Deputy Managing Director Gita Gopinath told a conference hosted by the Central Bank of Brazil that markets were probably "too optimistic" about what it would take to bring down inflation in emerging markets. "Despite encouraging signs, I am worried that price pressures seem entrenched in many economies and that upside inflation risks are sizeable," she said in remarks prepared for the event.  ( 38 min )
    Fed to keep rates untouched this year; risk of U.S. default high: Reuters poll
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    AI News: Artificial Intelligence Trends And Leading Stocks
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    Growth Stocks Are Back — Analysts Like These 8 The Best
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    San Francisco fire sale: downtown high rise selling at a 73% discount
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    These Stocks Are Moving the Most Today: Tesla, Target, Western Alliance, Doximity, EVgo, Keysight, and More
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    Dynatrace Stock Jumps On Earnings Beat, Fiscal 2024 Guidance
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    Analyst Report: Occidental Petroleum Corp.
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    Pfizer Prices $31 Billion Debt Offering to Fund Seagen Acquisition
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    Daily – Vickers Top Insider Picks for 05/17/2023
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    Daily – Vickers Top Buyers & Sellers for 05/17/2023
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    Target earnings beat but company warns on current quarter, calls out cautious consumer
    Target hits and misses in its first quarter earnings report.  ( 40 min )
    Target CEO: We're seeing 'violent' incidents in our stores and it's costing us millions
    Target execs call attention to a major problem they are having in their stores.  ( 40 min )
    Bitcoin’s Correction Deepens. It Could Be Headed to These Levels.
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    Elon Musk says the ‘laptop class’ needs to ‘get off their moral high horse’ when it comes to remote work
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    EV maker Fisker is exploring collaboration with other companies, CEO says
    Electric car maker Fisker Inc is exploring collaboration with other companies to scale up market share faster, Chief Executive Henrik Fisker said on Wednesday. All three companies are still relatively small and are launching new product lines as larger rivals such as Tesla Inc, China's BYD and established global automakers are battling for sales by cutting prices. Fisker said the EV startup has 65,000 reservations for its Ocean SUV, which is being launched from a factory in Austria operated by a unit of Magna International Inc.  ( 39 min )
    Yuan Slides Past Seven in New Warning Sign for China’s Economy
    (Bloomberg) -- The yuan slid past the 7 per dollar level for the first time since December as disappointing Chinese economic data this week prompted calls for more policy easing.Most Read from BloombergHere’s How Much Wealth You Need to Join the Richest 1% GloballyA 32-Year-Old Nears Billionaire Status by Using AI to Broker Japan MergersDebt-Limit Talks to Intensify as Biden Set to Depart for JapanGoldman Banker Wins Promotion, Then Leaves for Rival Two Weeks LaterGoogle Billionaire Sergey Brin  ( 40 min )
    Western Alliance Gains on Deposit Growth. PacWest, Regional Banks Stocks Are Rising.
    Western Alliance said its deposits had grown by more than $2 billion in the second quarter so far.  ( 22 min )
    Drugmakers eye $23 billion biotech Argenx ahead of key trial data
    (Bloomberg) -- European biotech firm Argenx SE is scheduled to release key drug trial data this summer. Deal-hungry Big Pharma is closely watching.Most Read from BloombergA 32-Year-Old Nears Billionaire Status by Using AI to Broker Japan MergersDebt-Limit Talks to Intensify as Biden Set to Depart for JapanGoogle Billionaire Sergey Brin Gifts $600 Million in Surging SharesGoldman Banker Wins Promotion, Then Leaves for Rival Two Weeks LaterHere’s How Much Wealth You Need to Join the Richest 1% Glo  ( 41 min )
    Guess how much big pharma paid in US taxes on $110 billion of profit in 2022
    Contrary to the myth, Americans pay quite a lot of taxes. In 2022, for instance, employees paid an average tax rate of 24.8%, or 0.2% more than in comparable countries. US federal taxes on individual income can be as high as 37%.  ( 40 min )
    JPMorgan Asset Says Markets Are Right to Bet Fed Cuts Are Coming
    (Bloomberg) -- A US recession is a virtual certainty and the Federal Reserve may lower interest rates by the third quarter as growth loses momentum, according to JPMorgan Asset Management. Most Read from BloombergA 32-Year-Old Nears Billionaire Status by Using AI to Broker Japan MergersDebt-Limit Talks to Intensify as Biden Set to Depart for JapanHere’s How Much Wealth You Need to Join the Richest 1% GloballyGoldman Banker Wins Promotion, Then Leaves for Rival Two Weeks LaterGoogle Billionaire S  ( 40 min )
    UBS says it was rushed into unwanted Credit Suisse rescue merger
    UBS Group AG was rushed into buying cross-town rival Credit Suisse Group AG in a deal it did not want, as a global bank crisis worsened the latter's finances and prompted authorities to take swift action, a regulatory filing showed. UBS, in a Tuesday filing to the U.S. Securities and Exchange Commission, told investors it had less than four days to conduct due diligence given the "emergency circumstances". Credit Suisse's involvement in a series of corporate collapses spooked clients who began withdrawing their money, a trend that accelerated when U.S. bank failures sparked fear of a broader banking crisis.  ( 39 min )
    Commerzbank doubles quarterly profit, helped by higher interest rates
    Germany's Commerzbank said on Wednesday that net profit nearly doubled in the first quarter, a better-than-expected result helped by higher interest rates. Analysts had on average expected profit of 481 million euros, according to a consensus forecast published by Commerzbank. The bank said it sees "upside potential" in net interest income this year.  ( 38 min )
    Siemens raises full year outlook after 2nd quarter sales beat
    Siemens raised its full year sales and profit guidance on Wednesday after the German engineering and technology group beat sales forecasts during its second quarter. The maker of products ranging from trains and industrial software now expects comparable revenue growth of 9% to 11% in the 12 months to the end of September, up from its previous view for an increase of 7% to 10%. Siemens also expects to increase its underlying basic earnings per share to a range of 9.60 euros to 9.90 euros, up from the 8.90 euros to 9.40 euros it said it expected in February.  ( 38 min )
    Cisco Systems Reports Earnings Today. It’s All About Orders.
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    Mohamed El-Erian says regional banks are in a 'hospital' phase of turmoil, but a Fed policy mistake will drive them 'back into the ICU'
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    Vietnam EV maker VinFast sees sales boom, path to breakeven
    Vietnam's electric automaker VinFast expects to break even by the end of 2024, its founder said on Wednesday. Vinfast will also launch an EV-pickup truck and a city or "mini car" as future models, Pham Nhat Vuong, chairman of conglomerate Vingroup and founder of its auto unit VinFast, told investors at the company's annual general meeting. VinFast said earlier this month that it would list in the United States via a merger with a special purpose acquisition company (SPAC) Black Spade Acquisition Co.  ( 38 min )
    RH stock plunges 8% after Warren Buffett's Berkshire Hathaway dumps its entire stake in the home furnishings company
    RH CEO Gary Friedman has been a fan of Warren Buffett, having quoted him often during company earnings calls over the years.  ( 39 min )
  • Open

    Target's Profit and Revenue Rise Despite Inflation Impact
    Target's first quarter profit and revenue exceed estimates even as inflation led consumers to shift their shopping habits away from higher-priced discretionary products.  ( 1 min )
    OpenAI to Update ChatGPT With Internet Access
    OpenAI adds a web browser for paid ChatGPT users and plugins that expand access to commercial services.  ( 1 min )
  • Open

    Markets Advance on Optimism About Debt Limit Talks, Regional Banks
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    Pfizer's Bond Sales Ranks Among Largest Ever
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    Western Alliance Shares Soar on Deposit Surge
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    5 Things to Know Before Markets Open
    House Speaker Kevin McCarthy said a debt ceiling deal could be ready by the end of the week and Target’s earnings show that consumers are buying more necessities and fewer discretionary items. Here’s what investors need to know today.  ( 1 min )
  • Open

    Oudere Surinaamse Nederlanders krijgen 5.000 euro voor gat in AOW
    Het kabinet wil een groep ouderen van Surinaamse afkomst die onvolledige AOW ontvangen, een tegemoetkoming geven van 5.000 euro per persoon. Dat schrijft pensioenminister Carola Schouten aan de Tweede Kamer. Het gaat om een groep van ruim 30.000 mensen.  ( 4 min )
    200 basisscholen verleiden leraren tot extra werkuren met bonus of vrije dagen
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    UWV in beroep tegen uitspraak dat asielzoeker meer dan 24 weken mag werken
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    Graandeal Rusland en Oekraïne op het nippertje twee maanden verlengd
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    Turkije meldt verlenging graandeal tussen Rusland en Oekraïne
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    Rabobank verhoogt spaarrente voor de tweede keer in een maand tijd
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    Het geld dat het kabinet gebruikt om de arbeidsmarkt te stimuleren, heeft amper effect. De subsidies moeten zorgen voor meer IT'ers en stages in de zorg, maar dat doen ze volgens de Algemene Rekenkamer niet. Daarnaast ligt bij het omscholingsbudget STAP misbruik op de loer.  ( 4 min )
    Inflatie in Europese Unie zakt verder, maar Nederland beweegt niet mee
    De inflatie in de gehele Europese Unie is in april voor de zesde maand op rij gezakt. Die maand bedroeg de inflatie 8,1 procent. Maar in Nederland steeg het percentage juist in april.  ( 3 min )
    Stakingen zuivelindustrie van de baan: personeel krijgt 11,65 procent meer loon
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    Bedrijf achter ChatGPT vraagt Amerikaanse overheid om regels voor AI
    Topman Sam Altman van het bedrijf achter chatbot ChatGPT heeft de Amerikaanse overheid opgeroepen de ontwikkeling van kunstmatige intelligentie (AI) te reguleren. De bestuurder van OpenAI is bang dat de technologiesector de wereld anders aanzienlijke schade kan toebrengen.  ( 4 min )
    Elektrische auto's steeds populairder in Nederland, vraag in EU blijft achter
    In Nederland zijn elektrische auto's inmiddels bijna net zo geliefd als benzineauto's. Maar in de hele Europese Unie zijn personenwagens met een benzinemotor nog altijd het populairst.  ( 3 min )
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    Hamer: 'Val niet te snel terug op extern onderzoek bij grensoverschrijdend gedrag'
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    Werkloosheid neemt licht af en is het laagst onder 45-plussers
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    Explainer | Wat is graaiflatie (en doen supermarkten daar echt aan)?
    Supermarkten zouden zich schuldig maken aan graaiflatie. Daarbij stijgen de prijzen onnodig harder dan de kosten. Hoe zit dat precies?  ( 3 min )
  • Open

    Top CD Rates Today, May 17
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 17 min )
    Best Day Trading Platforms of 2023
    Looking for somewhere to trade actively? We reviewed the best day trading platforms based on execution speed, ease of use, pricing, reliability, and customer service.  ( 30 min )
    What Is a Credit Score? Definition, Factors, and Ways to Raise It
    A credit score is a number from 300 to 850 that rates a consumer’s creditworthiness. The higher the score, the better a borrower looks to potential lenders.  ( 26 min )
    Hospital Insurance Trust Fund: Medicare Part A
    The hospital insurance trust fund is Part A of Medicare, the United States health insurance program for those 65 and older.  ( 21 min )
    Dow Jones Today: Index Jumps on Debt Talk Hopes
    Home Depot and Boeing help lead the Dow more than 400 points higher, while Intel continued its losing streak  ( 16 min )
    What Is a Broad-Based Index, and What Are Some Broad Index Funds?
    A broad-based index is designed to reflect the movement of the entire market—one example of a broad-based index is the Dow Jones Industrial Average.  ( 21 min )
    Markets Advance on Optimism About Debt Limit Talks, Regional Banks
    The Dow, S&P 500, and Nasdaq jumped more than 1% on Wednesday, May 17, 2023 as debt limit talks advanced and regional bank shares rose.  ( 16 min )
    Bank Letter of Credit Policy Definition
    A bank letter of credit policy assures a company engaged in an international transaction of the creditworthiness of the buyer.  ( 19 min )
    Target's Profit and Revenue Rise Despite Inflation Impact
    Target's first quarter profit and revenue exceed estimates even as inflation led consumers to shift their shopping habits away from higher-priced discretionary products.  ( 16 min )
    Rehabilitation Credit (Historic Preservation)
    The rehabilitation credit for historic preservation is a federal tax credit designed to encourage historical property preservation in the U.S.  ( 24 min )
    More Than Half of Gen Z and Millennials Say They Live Paycheck to Paycheck
    Over half of Gen Z and millennial respondents surveyed by Deloitte say they live paycheck to paycheck, and expect that the economy will stay the same or worsen over the next year.  ( 16 min )
    Pfizer's Bond Sale Ranks Among Largest Ever
    Pfizer's $31 billion bond sale ranks among the largest ever, but it's still only half the size, adjusted for inflation, of Verizon's mammoth 2013 deal.  ( 17 min )
    10 Key Questions To Ask Your Financial Advisor
    Asking these 10 questions can help you to have a successful relationship with your financial advisor. It's important to understand what your advisor does and how they do it.  ( 28 min )
    Look-Alike Contracts Definition
    A look-alike contracts is a derivative of a futures contract.  ( 18 min )
    OpenAI to Update ChatGPT With Internet Access
    OpenAI adds a web browser for paid ChatGPT users and plugins that expand access to commercial services.  ( 17 min )
    How to Get a Mortgage in Your 20s
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    Capital One CD Rates: May 2023
    Capital One offers a solid certificate of deposit (CD) account, with a variety of term lengths, good rates, and no minimum balance required.  ( 20 min )
    Chase CD Rates: May 2023
    Learn about Chase Bank's CD rates and how they compare to the competition. Make informed decisions and see if you can maximize your returns with Chase Bank's CD options.  ( 19 min )
    Albanian Lek (ALL) Definition
    The Albanian lek is the national currency of the Republic of Albania.  ( 21 min )
    Why Clients Fire Financial Advisors
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    You Can Beat Inflation With a CD for the First Time in Years
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    How To Find the Best Mortgage Rates
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    Tether to Spend Millions on Bitcoin to Diversify USDT Reserves
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    What Is the Financial Services Forum?
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    Western Alliance Shares Jump on Deposit Surge
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    Mortgage Applications Declined Last Week
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  • Open

    Wall Street's Biggest Banks Face a Harsh Reality Check in China
    (Bloomberg) -- More than three years after China’s grand financial opening, it’s becoming clear to Wall Street giants that their dreams of windfall profits from the $60 trillion market are more elusive than ever.Most Read from BloombergA 32-Year-Old Nears Billionaire Status by Using AI to Broker Japan MergersDebt-Limit Talks to Intensify as Biden Set to Depart for JapanHere’s How Much Wealth You Need to Join the Richest 1% GloballyGoldman Banker Wins Promotion, Then Leaves for Rival Two Weeks La  ( 43 min )
    Dow Jones Breaks Support As President Biden Makes This Debt-Ceiling Move; Elon Musk Says Tesla Will 'Try' This
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    Warren Buffett and J.P. Morgan Have One Thing in Common: They Both Like These 2 Stocks
    When the legendary investor Warren Buffet makes a move, Wall Street pays attention. Known as the ‘Oracle of Omaha’ and the mastermind behind Berkshire Hathaway, now 92 years old, Buffett has amassed a fortune of over $100 billion throughout his career. Buffett’s preferred investing style has always been value investing, which entails identifying undervalued stocks with strong fundamentals. So, it’s definitely worth nosing through Buffett’s Berkshire Hathaway portfolio to see which stocks he rece  ( 42 min )
    Warren Buffett sells stakes in two banks, buys into Capital One
    The Oracle of Omaha has made it clear that he is still cautious about holding many bank stocks.  ( 40 min )
    In his first public appearance since SVB’s collapse, former CEO Greg Becker is asked to defend trip to Hawaii and whether he’ll forfeit $1.5 million bonus
    Greg Becker acknowledged that regulators had pointed out flaws in SVB's balance sheet, but said that he was in the process of working with regulators when the bank run occurred.  ( 40 min )
    Buy SoFi Stock, Analyst Says. Sellers Have Got It Wrong.
    The stock has dived 23% since the company reported first-quarter earnings on May 1.  ( 22 min )
    Tesla shareholder meeting: Straubel elected to board; Musk reiterates 'production Cybertrucks' coming this year
    Tesla held its annual shareholder meeting after the bell on Tuesday, with the company dealing with a variety of items like board composition, shareholder votes on various measures, long-term planning and the return of a former Tesla exec as a new board member.  ( 40 min )
    Short seller Jim Chanos scoffs at former SVB boss's suggestion that the Fed's sharp policy shift toppled the bank
    Famed short seller Jim Chanos scoffed at remarks made by Silicon Valley Bank's ex-CEO that a sharp policy shift by the Fed had brought the bank down.  ( 39 min )
    These 5 Fastest-Growing Companies Still Expect 35% To 165% Profit Growth
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    Elon Musk Teases New Tesla Product While Warning About Near-Term Economic Challenges
    Former Tesla tech chief JB Straubel wins a seat on the auto maker’s board.  ( 26 min )
    New York Community Bancorp Shares to Be Sold by the FDIC
    (Bloomberg) -- The Federal Deposit Insurance Corp. will sell New York Community Bancorp Inc. shares it acquired as part of the lender’s purchase of Signature Bank from the regulator in March.Most Read from BloombergA 32-Year-Old Nears Billionaire Status by Using AI to Broker Japan MergersDebt-Limit Talks to Intensify as Biden Set to Depart for JapanGoogle Billionaire Sergey Brin Gifts $600 Million in Surging SharesGoldman Banker Wins Promotion, Then Leaves for Rival Two Weeks LaterHere’s How Muc  ( 39 min )
    Dow Jones Losses Worsen As McCarthy Jabs Biden Over Debt Ceiling; Warren Buffett Buys This Bank Stock
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    Couples Can Soon Put Over $10,000 a Year Into Health Savings Accounts
    The IRS announced the largest ever increase to the amount Americans can set aside in HSAs each year.  ( 24 min )
    US officials remove key obstacle to Thacker Pass lithium project
    The U.S. Interior Department on Tuesday removed one of the last remaining obstacles to Lithium Americas Corp's Thacker Pass mine project in Nevada by finding nearly all of the site contains the metal used to make electric-vehicle batteries. The opinion from the department's solicitor comes amid an acrimonious debate about whether more U.S. mines should be built to produce lithium and other green energy transition metals. A federal judge in February rejected claims that the Thacker Pass project would cause unnecessary harm to the environment, but ordered officials to study whether roughly 1,300 acres (530 hectares) at the site where Lithium Americas hopes to store waste rock - a byproduct of the mining process - contained the metal.  ( 39 min )
    Billionaire Stanley Druckenmiller's family office pumps a combined $430 million into Nvidia and Microsoft stocks in big, bold AI bets
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    GE, Ikea, Home Depot defeat University of California bid for light bulb import bans
    A group of companies including General Electric Co, Ikea Supply AG and Home Depot Inc on Tuesday defeated a request by the University of California for a U.S. appeals court to block imports of light bulbs that allegedly infringe its patents. The U.S. Court of Appeals for the Federal Circuit affirmed the U.S. International Trade Commission's decision that the companies' light bulbs did not include a key element of the university's patented technology. Home Depot declined to comment.  ( 39 min )
    Dow Jones Leader Salesforce, Chip Giant AMD Lead 4 Stocks In Or Near Buy Zones
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    Along With Its Turnaround Plan, 3M Needs To Evolve
    Like its peer, ODP Corp (NASDAQ: ODP), the U.S. industrial conglomerate is also facing lowered sales as consumers reflect on their spending in a difficult macroeconomic environment. With an economic slowdown that is impacting its top lines and manufacturing, 3M (NYSE: MMM) is also dealing with a corporate restructuring and lawsuits that could even cost the company its Dow Jones spot. Firing Of Recently Promoted Chief Business Officer Only a month after his promotion, longtime executive Michael V  ( 41 min )
    The Patent That Helped Vanguard Clients Pocket Big Gains Expires
    (Bloomberg) -- The patent that’s given Vanguard Group an edge over competitors for the past 20 years — and helped its clients pull in more than $100 billion worth of additional investment gains — expired today. Most Read from BloombergA 32-Year-Old Nears Billionaire Status by Using AI to Broker Japan MergersGoogle Billionaire Sergey Brin Gifts $600 Million in Surging SharesChicago’s Empty Office Towers Threaten Its Future as a Major Financial HubSingapore Airlines Posts Highest Profit in 76-Year  ( 39 min )
    Bosses are freaked out you’re working 2 jobs—and remote work and AI have let the cat out of the bag
    Workers who have used remote work's flexibility to 'overemploy' themselves are turning to AI for even more side-hustles.  ( 40 min )
    Americans have had a sudden change of heart about buying a house, and only 1 in 5 think it’s a good idea
    At least 50% of Americans had confidence in the housing market for nearly 50 years, but that all changed the last two years.  ( 39 min )
    Pfizer Gathers $85 Billion in Orders for Its Jumbo Bond Sale
    (Bloomberg) -- Pfizer Inc. is in the US high-grade bond market with a jumbo offering that’s lining up to be one of the largest ever sold. Most Read from BloombergA 32-Year-Old Nears Billionaire Status by Using AI to Broker Japan MergersGoogle Billionaire Sergey Brin Gifts $600 Million in Surging SharesChicago’s Empty Office Towers Threaten Its Future as a Major Financial HubSingapore Airlines Posts Highest Profit in 76-Year HistoryTurkey Latest: Erdogan Says Unclear If Vote Will Go to RunoffThe  ( 40 min )
    Analyst Report: BCE Inc
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    Analyst Report: Intercontinental Exchange Inc
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    A Japanese millennial could soon be a billionaire after shares of his AI-powered matching service for companies surged nearly 50% this year
    The net worth of Shunsaku Sagami, the founder, and CEO of M&A Research Institute Holdings, touched $950 million on Tuesday.  ( 39 min )
    David Einhorn's Greenlight Capital snapped up 2 regional banking stocks during last quarter's turmoil
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    Broadcom Poised For More Growth; Decision On $61 Billion Bid For Cloud Play Looms
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    Market Update: APD, ICE, BCE
    No content preview
    Average CD Rates Rise Again, But Is the Party Almost Over?
    Most national average rates climbed in April, but signs of a pullback are appearing and Federal Reserve actions indicate rates may flatten or decline in coming months.  ( 19 min )
    Buy SoFi Stock, Analyst Says. Sellers Have Got It Wrong.
    The stock has dived 23% since the company reported first-quarter earnings on May 1.  ( 22 min )
    Stocks mixed amid debt-ceiling talks, retail sales data : Stock market news today
    Wall Street is watching for signs of movement in the debt-ceiling impasse, with a meeting between President Joe Biden and House Speaker Kevin McCarthy set for Tuesday afternoon in Washington.  ( 41 min )
    Nvidia’s Market Cap Is Now Bigger Than Berkshire Hathaway’s. Credit AI.
    The chip maker currently has a market cap of $722 billion, outpacing Berkshire's $709 billion.  ( 23 min )
    Warren Buffett Ditched His Flip Phone for an iPhone in 2020 and Drinks 5 Cans of Coke a Day — That's What Makes Him One of the Greatest Investors of All Time
    Business magnate Warren Buffett is widely regarded as one of the greatest investors of the modern-day world. His seemingly unmatched and consistent value-investing strategies have earned him the title of Oracle of Omaha. Don't Miss: Why Jason Calacanis and Other Silicon Valley Elites Are Betting On This Startups Vision For Re-Uniting American Families Many of his investing strategies are known, but there is one that is often overlooked yet incredibly important. It’s a lot more prevalent in the s  ( 41 min )
    Two Activists Took Alphabet Stakes. What It Says About the Stock.
    Dan Loeb and Bill Ackman just disclosed new positions in Google-parent Alphabet.  ( 22 min )
    ‘Wall Street is Bracing For Something Bad to Happen,’ Analyst Says
    “US stocks are declining after Home Depot delivered a downbeat outlook for the retail consumer and Speaker McCarthy said debt ceiling negotiations have had no progress,” wrote Edward Moya, senior market analyst at OANDA. “Wall Street is bracing for something bad to happen, but no one has an idea on  ( 23 min )
    Nasdaq Led By AMD, Alphabet, and Amazon.com
    The Nasdaq Composite ticked 0.2% higher midday Tuesday, while the Dow and S&P 500 stayed in the red. Several tech stocks were bolstering that lift, including Advanced Micro Devices (ticker: AMD), up 4.6%, Alphabet (GOOGL, GOOG), gaining 2.8% and 2.6%, respectively, Amazon.com  ( 22 min )
    FTC sues to block Amgen's $28B acquisition of Horizon Therapeutics
    FTC is suing Amgen to block its potential $28B acquisition of Horizon Therapeutics  ( 40 min )
    CEO of Failed Silicon Valley Bank Accused of Claiming 'The Dog Ate My Homework'
    Silicon Valley Bank's former CEO is getting pushback from lawmakers about his explanation for why the bank failed in March. Here's what Senate Banking Committee Chairman Sherrod Brown (D., Ohio) said to Greg Becker: "Mr. Becker, [your version of events](https://www.banking.senate.gov/imo/media/d  ( 25 min )
    Warren Buffett buys another $127 million worth of Occidental Petroleum stock
    Investor Warren Buffett's company bought another $127 million worth of Occidental Petroleum stock over the past week to give Berkshire Hathaway 213.9 million shares of the oil producer. Berkshire's latest filing with the Securities and Exchange Commission late Monday showed that it had bought another 2.2 million Occidental shares. Buffett's Omaha, Nebraska-based conglomerate controls 23.8% of Occidental's stock and holds warrants to buy another 83.9 million shares for $59.62 apiece, but the billionaire recently told shareholders that he has no plans to buy the entire company.  ( 39 min )
    Cutthroat Oil Competition Threatens US Quest to Refill Strategic Reserves
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    Is Palantir Stock A Buy On Its Artificial Intelligence Prospects In May 2023?
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    Verizon Cuts Number of Unlimited Data Plans It Offers From Six to Two
    The wireless carrier’s new consumer boss is looking to reduce the “paradox of choice” and curb subscriber losses.  ( 25 min )
    FTC Poised to Block Amgen’s $27.8 Billion Deal for Horizon Therapeutics
    The FTC is preparing to seek an injunction in federal court that would prevent the deal from closing.  ( 26 min )
    Alphabet Adds $115 Billion in Value After Defying AI Doubters
    (Bloomberg) -- Alphabet Inc. is back in the game. The artificial intelligence game, that is.Most Read from BloombergMichael Burry Doubles Alibaba Stake in Big Bet on China TechA 32-Year-Old Nears Billionaire Status by Using AI to Broker Japan MergersTurkey Latest: Erdogan Says Unclear If Vote Will Go to RunoffTurkey Set for Runoff as Erdogan Falls Just Short of VictoryChicago’s Empty Office Towers Threaten Its Future as a Major Financial HubShares in the Google-owner had lagged behind other mega  ( 41 min )
    U.S. charges Apple ex-employee for trying to steal technology, fleeing to China
    The Justice Department plans on Tuesday to announce the first enforcement actions from its "disruptive technology" strike force, the U.S. Attorney's Office in Manhattan said on Twitter. Deputy Attorney General Lisa Monaco said in February that the new task force was a joint effort between her department and the U.S. Commerce Department, to safeguard American technology from foreign adversaries and other national security threats.  ( 37 min )
    Tesla’s Shareholders Meeting Is Here. 4 Things That Could Move the Stock.
    Tesla's 2023 annual meeting of shareholders starts Tuesday at 4 p.m. Eastern time. Investors can watch it on the web.  ( 22 min )
    Billionaire Steve Cohen Snaps Up These 2 ‘Strong Buy’ Stocks — Here’s Why You Might Want to Ride His Coattails
    With the macro backdrop currently a combination of debt ceiling negotiations, data pointing to cooling economic activity amidst expectations of a recession, investors could benefit from a guiding hand to block out the background noise and point toward the equities primed to gain from here. One way to keep ahead of the game is by riding the coattails of Wall Street investing legends. Ones such as Steve Cohen. Using a high-risk/high-reward strategy, the billionaire Chairman and CEO of global asset  ( 42 min )
    The Rich Pass Down Wealth Using This (& So Can You)
    A second-to-die policy is designed for couples who want to share a life insurance policy with specific beneficiaries, such as children and grandchildren. The life insurance company will only make a payout to the beneficiaries after the last survivor passes … Continue reading → The post Second-to-Die Insurance Policy Definition appeared first on SmartAsset Blog.  ( 40 min )
    I'm 50. Do I Have Enough Money to Have in My 401(k) Right Now?
    Most Americans have less in their retirement accounts than they'd like, and much less than the rules say they should have. So, obviously, if that describes you then you're not alone. Now, most financial advisors recommend that you have between five … Continue reading → The post How Much Should I Have in My 401(k) at 50? appeared first on SmartAsset Blog.  ( 42 min )
    You Can Get This Much Monthly Off a $200,000 Annuity
    An annuity can be an appealing option to build your retirement nest egg. Adding guaranteed retirement income to your retirement can give you financial stability. But the exact amount that you'll get from an annuity each month will vary. Let's … Continue reading → The post How Much Does a $200,000 Annuity Pay Per Month? appeared first on SmartAsset Blog.  ( 40 min )
    How Much Retirement Income Can I Make Before It Triggers Taxes?
    Depending on your age, if your income is below a certain threshold, you may not have to pay taxes. Here's what you need to know.  ( 40 min )
    Baidu Stock Rises After Solid Earnings. It Wasn’t AI That Drove the Beat.
    Baidu's first-quarter earnings and revenue beat analysts' expectations, as advertising growth was ahead of Wall Street forecasts.  ( 22 min )
    Magellan Midstream Holders Face Big Tax Hit From Oneok Deal
    People with units of the pipeline operator will be fully taxed on the entire cash-and-stock deal, so much of their gains will go to Uncle Sam.  ( 25 min )
    Tesla’s Shareholders Meeting Is Here. 4 Things That Could Move the Stock.
    Tesla's 2023 annual meeting of shareholders starts Tuesday at 4 p.m. Eastern time. Investors can watch it on the web.  ( 22 min )
    Horizon Therapeutics Stock Plunges on Reports FTC Will Sue to Block Amgen Deal
    Amgen reached an agreement to buy Horizon for $27.8 billion in December last year, and at the time said it expected the deal to be completed in the first half of 2023.  ( 23 min )
    Why Warren Buffett is probably still buying the stock of a tech legend
    Buffett stays keen on tech titan HP.  ( 40 min )
    The investor of Big Short fame is making a huge bet on Chinese tech stocks
    Short seller Michael Burry is playing the long game in China’s tech sector.  ( 39 min )
    Southeast Asia Internet Firm Sea Limited Sinks After Missing Quarterly Targets
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    These Stocks Are Moving the Most Today: Home Depot, Capital One, Horizon Therapeutics, Baidu, and More
    Home Depot shares slump after the home-improvement giant cuts fiscal-year guidance, Baidu's profit tops estimates, and Berkshire Hathaway initiates a position in Capital One Financial.  ( 23 min )
    8 Stocks Wowed With 50% Profit Growth — Analysts Expect A Repeat
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    Peloton’s former CFO reflects on what she learned from the company’s rapid rise and fall, and her new role at data-driven startup Alation
    Jill Woodworth’s first role as a finance chief was at Peloton.  ( 41 min )
    Analyst Report: EOG Resources, Inc.
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    Daily Spotlight: Variety of Yield Options in Global Rate Arena
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    Technical Assessment: Bearish in the Intermediate-Term
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    It’s a Big Day for the Debt Ceiling and Banks. Brace for Uncertainty.
    Ex-Silicon Valley and Signature Bank execs face Senate panel, Wells Fargo to pay $1 billion to settle lawsuit, Federal Reserve officials see rates remaining high in 2023, and other news to start your day.  ( 23 min )
    Market Digest: CP, ENB, CAH, EOG, RCL, HUBS
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    Tesla succession planning, demand in focus ahead of shareholder meeting
    Tesla Inc CEO Elon Musk will be under pressure to address investor concerns about the lack of a clear successor, softening demand and delays of some new models when he speaks at the electric-car maker's annual shareholder meeting on Tuesday. The billionaire entrepreneur, also the top boss of Twitter, last week announced that NBCUniversal's former advertising head Linda Yaccarino will succeed him as Twitter CEO and that he will focus on products and technology at the social media firm. Musk said the move would allow him to devote more time to the electric carmaker, but his commitments to other ventures such as a new AI startup remain a worry.  ( 40 min )
    Home Depot’s Earnings Beat Estimates. Why the Stock Is Dropping.
    The home-improvement retailer cuts its fiscal-year sales and earnings guidance, citing weather, softening demand, and other factors.  ( 22 min )
    Daily – Vickers Top Buyers & Sellers for 05/16/2023
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    Daily – Vickers Top Insider Picks for 05/16/2023
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    Baidu Stock Rises. It Topped Earnings Expectations.
    Baidu's first-quarter earnings and revenue beat analysts' expectations, as it focuses on artificial-intelligence technology.  ( 22 min )
    Futu, Tiger to Remove China Trading Apps as Regulatory Pressure Mounts
    The online brokerages earlier agreed to stop accepting new customers from mainland China.  ( 27 min )
    Swedish Real Estate Selloff Prompts Broker Upgrades to Buy
    (Bloomberg) -- Analysts are upgrading Swedish real estate stocks after recent selloffs have made them too cheap to ignore and as recent measures to shore up highly-leveraged balance sheets have improved some of their outlooks.Most Read from BloombergMichael Burry Doubles Alibaba Stake in Big Bet on China TechA 32-Year-Old Nears Billionaire Status by Using AI to Broker Japan MergersTurkey Latest: Erdogan Says Unclear If Vote Will Go to RunoffTurkey Set for Runoff as Erdogan Falls Just Short of Vi  ( 39 min )
    Baidu’s Revenue Beats After China Recovery Fuels Advertising
    (Bloomberg) -- Baidu Inc.’s revenue rose a stronger-than-expected 10% after its advertising and cloud businesses benefited from China’s post-pandemic reopening.Most Read from BloombergMichael Burry Doubles Alibaba Stake in Big Bet on China TechA 32-Year-Old Nears Billionaire Status by Using AI to Broker Japan MergersTurkey Latest: Erdogan Says Unclear If Vote Will Go to RunoffTurkey Set for Runoff as Erdogan Falls Just Short of VictoryChicago’s Empty Office Towers Threaten Its Future as a Major  ( 40 min )
    China’s Demand for Oil Hits Record as IEA Raises Global Forecasts
    The outlook highlights widening divide between booming demand in the developing world and lackluster requirements in Europe and North America, the International Energy Agency said.  ( 26 min )
    Vodafone announces 11,000 job cuts as new boss lambasts performance
    Vodafone plans to axe 11,000 jobs after new chief executive Margherita Della Valle admitted the struggling telecoms giant's performance was "not good enough".  ( 38 min )
    Stocks to Watch Tuesday: Capital One, Horizon Therapeutics, Home Depot
    ↗️ Capital One (COF): The bank’s stock surged over 5% in premarket trading on the news that [Warren Buffett’s Berkshire Hathaway opened a new position](https://www.wsj.com/articles/berkshire-hathaway-opens-new-position-in-capital-one-exits-bny-me  ( 18 min )
    Coinbase Initiated at Hold, Likely To Face Enforcement Action From SEC: Berenberg
    Executing a successful pivot away from the U.S. would be a tall order for the crypto exchange, Berenberg said.  ( 39 min )
    Wells Fargo reaches $1 billion shareholder settlement over recovery from scandals
    Wells Fargo & Co has agreed to pay $1 billion to settle a lawsuit accusing it of defrauding shareholders about its progress in recovering from a series of scandals over its treatment of customers. Wells Fargo has operated since 2018 under consent orders from the Federal Reserve and two other financial regulators requiring that it improve governance and oversight. The fourth-largest U.S. bank is also subject to an asset cap by the Fed, which can impede its ability to compete with larger rivals JPMorgan Chase & Co, Bank of America Corp and Citigroup Inc.  ( 39 min )
    These are the top 10 holdings of the Mormon Church's $46 billion stock portfolio
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    Wells Fargo Agrees to Pay Shareholders $1 Billion to Settle Class-Action Suit
    Shareholders claimed the bank and its past leadership were moving slower to address regulatory issues than they acknowledged publicly.  ( 27 min )
    Michael Burry Doubles Alibaba Stake in Big Bet on China Tech
    (Bloomberg) -- Michael Burry, the money manager made famous in The Big Short, now has a Big Long when it comes to China. He boosted his bullish bets on e-commerce giants JD.com Inc. and Alibaba Group Holding Ltd. big time, even as other hedge funds cooled on the nation’s reopening trades. Most Read from BloombergTurkey Latest: Erdogan Says Unclear If Vote Will Go to RunoffTurkey Set for Runoff as Erdogan Falls Just Short of VictoryS&P ETF Barely Budges on Yellen’s Late-Day Notice: Markets WrapCh  ( 40 min )
    Berkshire Holds $12 Billion of Occidental Stock After Fresh Buys
    The conglomerate led by Warren Buffett bought about $130 million of Occidental stock in recent days.  ( 23 min )
    Elon Musk Fires Back at Subpoena in Epstein Case, Calling It 'Idiotic'
    (Bloomberg) -- Elon Musk was issued a subpoena by the US Virgin Islands in its lawsuit accusing JPMorgan Chase & Co. of knowingly benefiting from Jeffrey Epstein’s sex-trafficking.Most Read from BloombergTurkey Latest: Erdogan Says Unclear If Vote Will Go to RunoffTurkey Set for Runoff as Erdogan Falls Just Short of VictoryS&P ETF Barely Budges on Yellen’s Late-Day Notice: Markets WrapChicago’s Empty Office Towers Threaten Its Future as a Major Financial HubMicrosoft’s $69 Billion Activision Dea  ( 39 min )
    'Big Short' investor Michael Burry piled into First Republic, PacWest, and other ailing bank stocks last quarter
    "The Big Short" investor Michael Burry bought First Republic, PacWest, and other bank stocks last quarter, likely capitalizing on a brutal sell-off.  ( 40 min )
    Oil gains on US plans to refill reserves, supply concerns
    Oil prices rose for a second day early on Tuesday, as U.S. plans to purchase oil for the Strategic Petroleum Reserve (SPR) lent support while raging wildfires in Canada fuelled supply worries. The U.S. Department of Energy said on Monday it would buy 3 million barrels of crude oil for the SPR for delivery in August, and asked that offers be submitted by May 31. Oil prices on Tuesday, however, drew support from supply worries stemming from wildfires in Canada.  ( 39 min )
    Michael Burry Doubles Alibaba Stake in Big Bet on China Tech
    (Bloomberg) -- Michael Burry, the money manager made famous in The Big Short, now has a Big Long when it comes to China. He boosted his bullish bets on e-commerce giants JD.com Inc. and Alibaba Group Holding Ltd. big time, even as other hedge funds cooled on the nation’s reopening trades. Most Read from BloombergTurkey Latest: Erdogan Says Unclear If Vote Will Go to RunoffTurkey Set for Runoff as Erdogan Falls Just Short of VictoryS&P ETF Barely Budges on Yellen’s Late-Day Notice: Markets WrapMi  ( 40 min )
    Here are 3 'creative' options the Treasury has if lawmakers can't reach a deal to raise the debt ceiling
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  • Open

    Weer minder bouwvergunningen, kleinste aantal sinds 2016
    In de eerste drie maanden van dit jaar zijn 12.800 vergunningen afgegeven voor nieuwbouw. Dat is 28 procent minder dan een jaar eerder en is het kleinste aantal sinds het tweede kwartaal van 2016.  ( 3 min )
    Geen paniek nodig over krimpende economie: 'We schakelen een tandje terug'
    De Nederlandse economie is in het eerste kwartaal van dit jaar sterk gekrompen. De dip van maar liefst 0,7 procent is redelijk uitzonderlijk. De laatste keer dat onze economie in zo'n neergang terechtkwam, was tijdens de financiële crisis in 2012. Maar is dat reden voor paniek?  ( 5 min )
    Geen paniek nodig over krimp economie: 'We schakelen een tandje terug'
    De Nederlandse economie is in het eerste kwartaal van dit jaar sterk gekrompen. De dip van maar liefst 0,7 procent is redelijk uitzonderlijk. De laatste keer dat onze economie in zo'n neergang terechtkwam, was tijdens de financiële crisis in 2012. Maar is dat reden voor paniek?  ( 5 min )
    Tegenvallende economische groei geen reden tot paniek
    De Nederlandse economie is in het eerste kwartaal van dit jaar sterk gekrompen. De dip van maar liefst 0,7 procent is redelijk uitzonderlijk. De laatste keer dat onze economie in zo'n neergang terechtkwam, was tijdens de financiële crisis in 2012. Maar is dat reden voor paniek?  ( 5 min )
    Ggz-personeel krijgt flinke extra loonsverhoging vanwege inflatie
    Er was al een cao-loonsverhoging van twee keer 2 procent voor personeel in geestelijke gezondheidszorgcentra, maar nu krijgen ze er nog eens een inflatiecompensatie bij. Volgens vakbond FNV komt er nog eens 10 procent extra loon bij.  ( 3 min )
    Korte huurcontracten voor studentenwoningen verleden tijd
    Wie een woning of kamer verhuurt aan studenten mag straks geen kortlopend contract meer aanbieden van bijvoorbeeld een of twee jaar. Zulke contracten blijven wel mogelijk voor bijvoorbeeld buitenlandse studenten die een jaar in Nederland komen studeren.  ( 3 min )
    Meerjarige energiecontracten zijn terug van weggeweest
    Bij steeds meer energieleveranciers kun je weer meerjarige energiecontracten afsluiten. Maandag liet Vattenfall weten weer driejarige contracten aan te bieden. Dinsdag volgden Budget Energie en Eneco dit voorbeeld.  ( 3 min )
    Personeelstekort niet zomaar verdwenen: effect vergrijzing komt er nog aan
    Het personeelstekort blijft groot, zelfs nu het economisch minder gaat. Zijn er echt te weinig mensen beschikbaar? En waar moeten we dan extra handen vandaan halen? Vijf vragen over de aanhoudende krapte op de arbeidsmarkt.  ( 7 min )
    Omstreden zakenman Sanderink moet ex miljoenen aan dwangsommen betalen
    De omstreden multimiljonair Gerard Sanderink, die is geschorst als topman van Strukton en Centric, moet miljoenen aan dwangsommen betalen aan zijn ex-vriendin. Sanderink beschuldigt haar al jaren van fraude en diefstal, zonder bewijs daarvoor te leveren. Daarom moet hij haar nu in totaal 4,6 miljoen euro betalen.  ( 4 min )
    Overheid draait op voor ontmanteling van kerncentrale in Dodewaard
    De overheid wil alle aandelen van de eigenaren van de kerncentrale in Dodewaard overnemen. Dat heeft het kabinet laten weten aan de Tweede Kamer. De centrale ligt al sinds 1997 stil.  ( 3 min )
    Transavia schrapt ook in juni vakantievluchten
    Transavia schrapt nog eens zo'n 160 retourvluchten in de maand juni. Dat doet de luchtvaartmaatschappij vanwege een tekort aan vliegtuigen. Duizenden passagiers zijn hiervan de dupe, maar ze worden wel gecompenseerd.  ( 3 min )
    Nederlandse economie krimpt onverwacht met 0,7 procent in eerste kwartaal
    De Nederlandse economie is in de eerste drie maanden van dit jaar met 0,7 procent gekrompen ten opzichte van het kwartaal daarvoor. Daarmee doen we het slechter dan onze buurlanden, waar de economie groeit of op hetzelfde niveau blijft. In de laatste drie maanden van vorig jaar was er nog sprake van een groei van 0,4 procent.  ( 5 min )
    WhatsApp komt met pottenkijkersbeveiliging voor pikante chats
    Berichtendienst WhatsApp komt met een update waarmee je berichtjes van je geheime liefde of chats met pikante foto's kunt beveiligen. Die gesprekken kunnen alleen ontgrendeld worden met een wachtwoord, gezichtsherkenning of een vingerafdruk.  ( 3 min )
    3M moet Belgisch gezin schadevergoeding betalen vanwege PFAS-vervuiling
    Chemiebedrijf 3M moet omwonenden van de vestiging in het Belgische Zwijndrecht een schadevergoeding van 2.000 euro betalen. Leden van een gezin bleken te veel vervuilende PFAS in hun bloed te hebben en volgens de rechter is dat de schuld van de fabriek.  ( 4 min )
    Merendeel slaapapneuapparaten volgens Philips wel degelijk veilig
    Het overgrote deel van de slaapapneuapparaten die Philips wereldwijd heeft teruggeroepen, is wel degelijk veilig. Dat concludeert het concern op basis van uitgebreid onderzoek.  ( 3 min )
    Misstanden bij maaltijd- en flitsbezorging: personeel vaak te jong en onderbetaald
    Veel bedrijven in de maaltijd- en flitsbezorging hebben hun zaken niet op orde. Het personeel wordt onderbetaald en er lopen bezorgers rond die te jong zijn om het werk te mogen doen. Ook is de werksituatie vaak onveilig, concludeerde de Arbeidsinspectie tijdens een grote controle bij deze bedrijven.  ( 3 min )
    Tekort aan personeel blijft enorm groot
    Veel bedrijven staan te springen om nieuw personeel. Het aantal openstaande vacatures blijft enorm en dat betekent dat de krapte op de arbeidsmarkt nog steeds erg groot is. Vooral in de handel, zakelijke dienstverlening en de zorg zijn veel mensen nodig.  ( 3 min )
    Tienduizenden open vacatures: tekort aan personeel blijft onverminderd groot
    Veel bedrijven staan te springen om nieuw personeel. Het aantal openstaande vacatures blijft groot en dat betekent dat de krapte op de arbeidsmarkt nog steeds erg groot is. Vooral in de handel, zakelijke dienstverlening en de zorg zijn veel mensen nodig.  ( 3 min )
  • Open

    Markets Fall on Home Depot Warning, Debt Talks
    U.S. equities fell on Tuesday, May 16, 2023 as Home Depot’s revenue warning raised concerns about economic growth, and as President Biden met with congressional leaders on the debt ceiling to avoid a government default.  ( 1 min )
    Dow Jones Today: Index Slumps on Retail Sales
    The Dow Jones Industrial Average fell 1%, or 336 points, on a day of disappointing earnings and macroeconomic reports. Nike lost the most, while Microsoft led a small pack of gainers.  ( 1 min )
    Top Industrial Stocks for May 2023
    ZIM Integrated Shipping Services, Sun Country Airlines, and Evolv Technologies lead for value, growth, and momentum, respectively.  ( 1 min )
    5 Things to Know Before Markets Open
    Negotiations on the debt ceiling continue and consumer spending is expected to move higher after two months of declines. Here’s what investors need to know today.  ( 1 min )
  • Open

    Qualified Mortgage: What it Is, How it Works
    A qualified mortgage is a mortgage that meets certain requirements for lender protection and secondary market trading under the Dodd-Frank Wall Street Reform and Consumer Protection Act that was passed in 2010.  ( 21 min )
    Dow Jones Today: Index Falls on Retail Sales Slump
    The Dow Jones Industrial Average fell 1%, or 336 points, on a day of disappointing earnings and macroeconomic reports. Nike lost the most, while Microsoft led a small pack of gainers.  ( 17 min )
    What's the Most You Can Borrow With a Home Equity Loan?
    You can borrow up to 85% of the equity you own via a home equity loan. In this guide, we'll show you how to calculate your maximum amount.  ( 22 min )
    Markets Fall on Home Depot Warning, Debt Talks
    U.S. equities fell on Tuesday, May 16, 2023 as Home Depot’s revenue warning raised concerns about economic growth, and as President Biden met with congressional leaders on the debt ceiling to avoid a government default.  ( 17 min )
    Timeline: Wells Fargo's Biggest Legal Settlements
    Wells Fargo agreed to pay shareholders $1 billion in damages to settle a class-action lawsuit filed against it, stemming from a fake accounts scandal that surfaced in 2016.  ( 19 min )
    Tips for Breaking the Ice With New Clients
    Keeping new clients engaged is a challenge for financial advisors. Here are some ways to get clients to open up about their financial goals.  ( 26 min )
    Record Low Share of Americans Think Now Is Good Time to Buy a Home
    Just 21% of Americans polled by Gallup think now is a good time to purchase a home, an all-time low.  ( 17 min )
    Polls Show Most Women Say They Aren’t Financially Secure
    Two polls find a majority of women say they aren't financially secure, and they worry about saving for retirement.  ( 17 min )
    American Recovery and Reinvestment Act (ARRA): Objectives and FAQ
    The American Recovery and Reinvestment Act of 2009 (ARRA) was a law passed by the U.S. Congress in response to the Great Recession of 2008.  ( 25 min )
    What Is a Home Mortgage? Definition, Qualification, and Types
    A home mortgage is a loan given by a bank, mortgage company, or other financial institution for the purchase of a primary or investment residence.  ( 26 min )
    Cover the Spread
    A point spread is given by a sportsbook that determines by how many points the favorite is expected to win the game over the underdog team.  ( 23 min )
    Top CD Rates Today, May 16
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 17 min )
    Debt Avalanche vs. Debt Snowball: What's the Difference?
    The debt avalanche method pays off the high-interest debt first, and the debt snowball method focuses on paying off the smallest debt first. Learn about other differences.  ( 23 min )
    Home Depot Reports Biggest Quarterly Sales Miss In Over 20 Years
    Home Depot shares fell Tuesday morning after the largest U.S. home improvement retailer had its biggest quarterly sales miss in more than two decades, and cut its full-year guidance. The company has been impacted by a slowdown in demand following the boom in home renovation during the COVID-19 lockdowns.  ( 18 min )
    EU Member States Accept World's First Sweeping Crypto Rules
    European Union member states provided the final stamp of approval for continental rules governing cryptocurrencies, known as Markets in Crypto-Assets.  ( 17 min )
    Home Depot Reports Biggest Quarterly Sales Miss In Over 20 Years
    Home Depot shares are down after the largest U.S. home improvement retailer had its biggest quarterly sales miss in more than two decades, and cut its full-year guidance. The company has been impacted by a slowdown in demand following the boom in home renovation during the COVID-19 lockdowns.  ( 18 min )
    Is Dividend Income Taxable?
    Understand the laws and regulations regarding taxation of dividends, and know the rates at which dividend income is taxed for most investors.  ( 22 min )
    Who Crashed the Banks? Lawmakers Find Plenty of Suspects
    Who’s to blame for the banking crisis? Maybe an easier question to answer is: who isn’t?  ( 18 min )
    Overcontribution Definition
    Overcontribution refers to any voluntary savings in a tax-deductible retirement plan that exceeds the maximum allowed contribution in a given period.  ( 22 min )
    What Are the Pros and Cons of Online Checking Accounts?
    An online checking account can save you time and money, but understand the drawbacks before signing up to make the switch.  ( 21 min )
    Split Payroll Definition
    Split payroll is a method of paying employees who are on international assignments in which pay is divided between local and home-country currencies.  ( 19 min )
    OpenAI CEO Tells Congress AI May Need Regulating
    ChatGPT executive Sam Altman told Congress Tuesday that licensing could be a way to help ensure that more power artificial intelligence models adhere to safety rules.  ( 17 min )
    Huntington Bank CD Rates: May 2023
    Huntington Bank’s CD rates are very competitive for certain terms. Check out Huntington’s latest CD offer and find out how you can maximize your savings with one of the best rates in the market.  ( 19 min )
    FTC Sues to Block Amgen’s Acquisition of Horizon Therapeutics
    The Federal Trade Commission is suing to block Amgen Inc.'s $28 billion acquisition of Horizon Therapeutics to prevent a monopoly in the market for d.rugs that treat critical ailments  ( 16 min )
    Capital One Savings Account Interest Rates: May 2023
    Capital One savings account interest rates are higher than average, and the bank doesn’t charge monthly maintenance fees or have a minimum deposit requirement.  ( 19 min )
    Fidelity CD Rates: May 2023
    Certificates of deposit (CDs) can be a great financial tool to get a guaranteed return on your investment. Compare Fidelity CD rates and see if they are right for you.  ( 19 min )
    U.S. Bank CD Rates: May 2023
    U.S. Bank CD rates are relatively high if you can meet a higher deposit requirement, but some options are unappealing. Existing customers can get personalized rates.  ( 19 min )
    How Are Nonqualified Variable Annuities Taxed?
    A nonqualified variable annuity allows you to defer taxes on your investment gains but doesn’t entitle you to a tax deduction as a qualified plan does.  ( 25 min )
    PenFed CD Rates: May 2023
    Certificates of deposit (CDs) can be a great method to save money for the future. Learn about PenFed CD rates, and see if they’re a good fit for your finances.  ( 21 min )
    Average CD Rates Rise Again, But Is the Party Almost Over?
    Most national average rates climbed in April, but signs of a pullback are appearing and Federal Reserve actions indicate rates may flatten or decline in coming months.  ( 19 min )
    Understanding Mortgage Closing Costs
    Before you get those house keys, you’ll go to the closing table to sign loan documents and paperwork that transfers homeownership from the seller to you. That process often results in numerous fees.  ( 30 min )
    Top Industrial Stocks for May 2023
    ZIM Integrated Shipping Services, Sun Country Airlines, and Evolv Technologies lead for value, growth, and momentum, respectively.  ( 21 min )
    Top REITs for May 2023
    Among REITs, H&R Real Estate, Two Harbors Investment, and Peakstone Realty lead for value, growth, and momentum, respectively.  ( 21 min )
    Cash-Out Refinance vs. Home Equity Loan: What's the Difference?
    Though refinancing a mortgage and taking out a home equity loan each offers a source of cash for homeowners, the similarities stop there.  ( 26 min )
    Today's Mortgage Rates & Trends - May 16, 2023: Rates Jump
    Rates rose for every mortgage type, with double-digit increases in every average. Rates on 30-year loans are again near 7%, and jumbo 30-year rates are at a 12-year high.  ( 19 min )
    Homebuilder Confidence Increased This Month
    Builder confidence for single-family homes rose five points, the fifth straight monthly increase.  ( 17 min )
    Alibaba Earnings Could Suffer from Slow Chinese Consumer Spending
    Alibaba, China's most valuable retailer, is likely to report a boost in earnings per share but slow revenue growth as China's economy stumbles out of pandemic restrictions.  ( 19 min )
    401(k) vs. IRA Contribution Limits
    401(k) and IRA contribution limits are based on your age, income, and if you (or your spouse) have a plan at work. Learn about 401(k) and IRA contribution limits.  ( 26 min )
    Certified Senior Consultant (CSC) Definition
    A Certified Senior Consultant was someone certified in key issues facing seniors, including government benefits, income streams, and long-term care.  ( 18 min )
    How to Choose the Best Mortgage for You
    Finding the right house is only half the battle. The other half is choosing the best type of mortgage. Learn how to pick a mortgage based on your needs.  ( 29 min )
    Temporary Liquidity Guarantee Program (TLGP)
    The Temporary Liquidity Guarantee Program (TLGP) was created in 2008 to stabilize the U.S. banking system during the global financial crisis.  ( 23 min )
    Failed Break: What it is, How it Works, Example
    A failed break occurs when a price moves through an identified level of support or resistance but does not have enough momentum to maintain its direction.  ( 20 min )
    Retail Sales Ticked Up in April, Even As Inflation Forced Cutbacks on Non-Essentials
    Consumers continued to make trade-offs in their April budgets but didn't stop spending, as retail sales rose 0.4% in April after two months of declines.  ( 16 min )
    Should You Refinance Your Mortgage When Interest Rates Rise?
    Refinancing is a great way for many homeowners to improve their financial situation, but you need to be aware of the downsides.  ( 27 min )
    What Affects Your Credit Score?
    Factors that can affect your credit score are your payment history, your credit mix, your credit utilization ratio and the length of your credit history.  ( 25 min )
    Tax Help After Natural Disasters
    The Internal Revenue Service (IRS) offers tax relief to people affected by natural disasters. What forms of tax help exist, and how do you qualify?  ( 23 min )
    What Is a Subprime Mortgage? Credit Scores, Interest Rates
    A subprime mortgage is normally issued to borrowers with lower credit ratings. It typically carries a higher interest rate that can increase over time.  ( 26 min )
    5 Ways Not to Use a Home Equity Line of Credit (HELOC)
    A HELOC can be worthwhile to fund home improvements, but when used to pay for other things, it can result in bad debt.  ( 27 min )
    Getting a Mortgage for Non-U.S. Citizens
    Many banks and mortgage companies offer conventional and FHA home loans to non-U.S. citizens, if they meet specific requirements.  ( 23 min )
    Refinance: What It Is, How It Works, Types, and Example
    A refinance occurs when a business or person revises the interest rate, payment schedule, and terms of a previous credit agreement.  ( 24 min )
    5 Things to Know Before Markets Open
    Negotiations on the debt ceiling continue and consumer spending is expected to move higher after two months of declines. Here’s what investors need to know today.  ( 19 min )
    Pre-Qualified vs. Pre-Approved: What’s the Difference?
    Pre-qualified and pre-approved sound the same, but mean very different things for homebuyers—and carry very different weights with home sellers.  ( 24 min )
    How Interest Rates Affect the Housing Market
    Understand how rate changes can affect home prices and learn how you can keep up.  ( 26 min )
  • Open

    Home Depot Reports Biggest Quarterly Sales Miss In Over 20 Years
    Home Depot shares are down after the largest U.S. home improvement retailer had its biggest quarterly sales miss in more than two decades, and cut its full-year guidance. The company has been impacted by a slowdown in demand following the boom in home renovation during the COVID-19 lockdowns.  ( 1 min )
    Home Depot Reports Biggest Quarterly Sales Miss In Over 20 Years
    Home Depot shares fell Tuesday morning after the largest U.S. home improvement retailer had its biggest quarterly sales miss in more than two decades, and cut its full-year guidance. The company has been impacted by a slowdown in demand following the boom in home renovation during the COVID-19 lockdowns.  ( 1 min )

  • Open

    Warren Buffett says the married couple behind the maker of Squishmallows are 'ideal Berkshire managers'
    Judd and Laura Zebersky joined Warren Buffett's empire after Berkshire Hathaway acquired their parent company last October.  ( 39 min )
    State Supreme Court overturns judge's ruling prohibiting Tesla dealership in Delaware
    Delaware’s Supreme Court on Monday overturned a judge’s ruling upholding a decision by state officials to prohibit electric vehicle maker Tesla from selling its cars directly to customers. In a ruling last year, a Superior Court judge determined that Delaware's Motor Vehicle Franchising Practices Act prohibited Tesla, as a manufacturer, from selling its electric cars directly to customers in Delaware. The Supreme Court reversed that decision and sent the case back to Superior Court, noting that the franchise act was enacted to address the disparity in bargaining power that permitted automobile manufacturers to exert economic pressure over their franchises.  ( 40 min )
    Google Billionaire Sergey Brin Gifts $600 Million in Surging Shares
    (Bloomberg) -- Google co-founder Sergey Brin gifted Alphabet Inc. shares worth roughly $600 million on Thursday during a week that saw his wealth grow by the most in over two years.Most Read from BloombergTurkey Latest: Erdogan Says Unclear If Vote Will Go to RunoffTurkey Set for Runoff as Erdogan Falls Just Short of VictoryS&P ETF Barely Budges on Yellen’s Late-Day Notice: Markets WrapMicrosoft’s $69 Billion Activision Deal Wins EU ApprovalRemote Work Comes With Daytime Drug and Drinking Habits  ( 39 min )
    These 2 EV Stocks Under $10 Have Over 70% Upside Potential, Says Cantor
    Electric vehicles (EVs) have been dominating headlines due to the convergence of social, cultural, and political forces driving a shift from conventional combustion-powered cars to zero-emission vehicles. This shift has sparked a surge in government programs and spending designed to quickly expand the infrastructure needed to support a growing fleet of EVs. In return, we are also seeing enormous growth in EV manufacturers. The infrastructure support is substantial. Cantor senior analyst Andres S  ( 42 min )
    Warren Buffett sells stakes in two banks, raises Bank of America bet
    The Oracle of Omaha has made it clear that he is still cautious about holding many bank stocks.  ( 40 min )
    Stan Druckenmiller, David Tepper Lead Family Offices Betting on AI
    (Bloomberg) -- Billionaire investing titans Stanley Druckenmiller and David Tepper loaded up on stocks benefiting from the artificial intelligence boom during the first quarter. Most Read from BloombergTurkey Latest: Erdogan Says Unclear If Vote Will Go to RunoffTurkey Set for Runoff as Erdogan Falls Just Short of VictoryS&P ETF Barely Budges on Yellen’s Late-Day Notice: Markets WrapRemote Work Comes With Daytime Drug and Drinking HabitsMicrosoft’s $69 Billion Activision Deal Wins EU ApprovalDru  ( 40 min )
    Top CD Rates Today, May 15
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 18 min )
    Stocks moving in after-hours: Berkshire Hathaway, Capital One, Beam, Tesla
    Stocks moving in after-hours: Berkshire Hathaway, Capital One, Beam, Tesla  ( 40 min )
    Dow Jones Futures: McCarthy Says Sides Are 'Far Apart' On Debt Ceiling; AI Stock C3.ai Rockets 23%
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    Elon Musk subpoenaed in Jeffrey Epstein litigation in U.S. Virgin Islands
    The U.S. Virgin islands subpoenaed Tesla Inc CEO Elon Musk in its litigation into the role played by JPMorgan Chase & Co in the activity of sex offender Jeffrey Epstein, according to a Monday court filing.  ( 38 min )
    Home Depot Q1 earnings preview: Here's what to expect
    Home Depot is expected to report its fiscal first quarter 2023 earnings results Tuesday before market open as consumer spending on home improvement softens compared to the pandemic boom.  ( 40 min )
    Berkshire Hathaway Opens New Position in Capital One, Exits Taiwan Semiconductor, BNY Mellon
    Berkshire Hathaway's 13F is out. Warren Buffett's company trimmed its stakes in Chevron, McKesson, Activision Blizzard, General Motors, AON, Ally Financial, Amazon.com and Celanese in the first quarter, the filing showed. Berkshire also eliminated its positions in RH, the home-furnishings compa  ( 18 min )
    Dow Jones Up As McCarthy Gives Debt Ceiling Warning; Activist Investor Targets This Growth Stock
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    Fire protection company Kidde-Fenwal files for bankruptcy citing PFAS lawsuits
    Kidde-Fenwal Inc, a subsidiary of Carrier Global Corp that specializes in fire control systems, filed for bankruptcy on Sunday, as it buckles under the weight of lawsuits alleging that "forever chemicals" in its firefighting foam products have contaminated water sources around U.S. airports and military bases. Kidde-Fenwal filed for Chapter 11 protection in Delaware bankruptcy court. Since 2016, Kidde-Fenwal has been named as a defendant in more than 4,400 lawsuits filed by local governments, companies and individuals, claiming that aqueous film forming foam (AFFF) products contaminated drinking water and soil with perfluoroalkyl and polyfluoroalkyl substances, known as PFAS or "forever chemicals."  ( 39 min )
    Magellan Midstream Holders Face Big Tax Hit From Oneok Deal
    People with units of the pipeline operator will be fully taxed on the entire cash-and-stock deal, so much of their gains will go to Uncle Sam.  ( 22 min )
    ONEOK Buys Magellan for $18.8 Billion to Add Oil, Refined Products
    Natural gas pipeline operator ONEOK agreed to buy Magellan Midstream Partners, L.P. for $18.8 billion.  ( 17 min )
    C3.ai stock pops, company raises outlook amid 'accelerating' AI interest
    C3.ai jumps after the artificial intelligence company raised its outlook amid 'accelerating' AI interest  ( 40 min )
    Home Depot Earnings Expected To Fall For The First Time In Three Years
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    Icahn Has Faced Many Probes But Hindenburg Claims Stand Apart
    (Bloomberg) -- Icahn Enterprise LP’s disclosure of a May 3 inquiry from federal prosecutors in New York sent the company’s shares reeling, but it’s far from the first time Carl Icahn has faced a government probe.Most Read from BloombergTurkey Latest: Erdogan Says Unclear If Vote Will Go to RunoffTurkey Set for Runoff as Erdogan Falls Just Short of VictoryRemote Work Comes With Daytime Drug and Drinking HabitsChina Jails 78-Year-Old American for Life on Spying ChargesStocks See Small Moves in Run  ( 42 min )
    Michael Burry of ‘The Big Short’ gambles on regional bank stocks
    The investor who gained fame for his short bets during the 2008 financial crisis made a number of new investments in banks during a chaotic quarter for that industry.  ( 41 min )
    'A sign of trouble?' Why more Americans are missing their debt payments.
    The delinquency transition rate for credit cards—the share of credit card debt that is 30 days or more past due— is approaching pre-pandemic levels. That's not great news.  ( 40 min )
    Seeking at Least 11% Dividend Yield? Here Are 2 Top ETFs to Consider
    You’ve probably heard the old market adage to “Sell in May and go away.” Instead, how about using this time to start considering dividend-paying ETFs? There’s no time like the present to start building a dividend portfolio that can set you up with years of passive income. Here are two big dividend ETFs that both yield over 11% that you can consider using to jumpstart your dividend portfolio. Even better, while some high-yield ETFs lure investors in with eye-popping yields but then end up providi  ( 42 min )
    UPDATE 1-Musk tells Tesla staff he must approve all hiring - the Information
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    Column: Here's why the debt ceiling is not only stupid — it's unconstitutional
    The debt ceiling is plainly unconstitutional and a nuclear weapon in the hands of willful children. It's time to ignore it.  ( 42 min )
    Taylor Swift showed her financial savvy when she avoided a FTX deal. She puts her money in a niche type of fund, an elite investor says.
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    'Big Short' investor Burry bet on regional banks in first quarter
    Hedge fund manager Michael Burry, who rose to fame with his bets against the U.S. housing market before the 2008 financial crisis, added new positions in several regional banks during a tumultuous first quarter for the sector, according to securities filings released on Monday. Burry's Scion Asset Management’s positions included 150,000 shares in First Republic Bank, 250,000 shares in PacWest Bancorp, 850,000 shares in New York Community Bancorp, and 125,000 shares of Western Alliance Bancorp , filings showed. First Republic collapsed May 1, making it the largest bank failure since the 2008 financial crisis.  ( 39 min )
    SoFi CEO Anthony Noto Discloses Stock Purchases by Wife Dating Back to 2021
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    Verizon Chief Marketing Officer Diego Scotti Stepping Down After Eight Years
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    'We Don't Want To Compete With Elon': Warren Buffett Praises Tesla CEO, But These EV Companies — Including One In His Portfolio — Are Still In The Game
    Elon Musk and Warren Buffett are talented in their own right. One is a serial entrepreneur who co-founded Tesla Inc., revolutionized the electric car industry and is sending rockets into space. The other is an investing legend who has helped Berkshire Hathaway Inc. shareholders generate extraordinary returns for decades. At Berkshire’s latest annual shareholders meeting, Buffett spoke highly of the Tesla CEO. “Elon is a brilliant, brilliant guy,” Buffett said. “He dreams about things, and his dr  ( 41 min )
    Western Digital Stock Spikes on Report It Nears Flash Memory Merger With Kioxia
    Most of Western Digital flash-memory chips are produced by the company's joint venture with Japan-based Kioxia.  ( 23 min )
    3M fires long-time executive Michael Vale amid 'inappropriate personal misconduct' claims
    Michael Vale's termination went into effect May 12, according to a statement released from the company.  ( 38 min )
    3M fires company executive for inappropriate conduct weeks after promotion
    WASHINGTON (AP) — 3M has fired prominent company executive Michael Vale due to “inappropriate personal conduct and violation of company policy,” the maker of Post-it notes, industrial coatings and ceramics announced on Monday. Vale was promoted to group president and chief business and country officer just last month. Vale worked at 3M for more than 30 years, according to an April 25 press release announcing his promotion, which said he would report to Chairman and CEO Mike Roman.  ( 38 min )
    Microsoft’s $69 Billion Activision Deal Cleared by EU. Why the Deal Is in Trouble.
    Despite the signoff from European regulators, Microsoft still faces objections from the U.S. and U.K.  ( 22 min )
    Berkshire’s Stock Purchases Are Unveiled Today. Watch for News on Sales, Too.
    The Warren Buffett-led company might have been a seller of Bank of New York and U.S. Bancorp in the first quarter.  ( 23 min )
    One Theory Why Oneok is the S&P 500's Worst Performer Today
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    PacWest, Regional Bank Stocks Gain
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    Dental Insurance for Retirees Isn’t a Great Deal. Consider This Option Instead.
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    EU approves Microsoft's deal to buy 'Call of Duty' maker
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    Schwab Stock Gains on Upgrade. Are Its Deposit Problems Over?
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    ONON Stock Has Sprinted 94% In 2023. Analysts See Huge Earnings Growth For On Holding.
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    Stellantis halts battery plant construction over dispute with Canadian govt
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    Newmont to Buy Newcrest for $17.5 Billion. Why It May Have Struck More Than Gold.
    The takeover would cement Newmont’s position as the world’s largest producer of gold, while also increasing its exposure to copper, a metal key to the global transition to cleaner energy.  ( 26 min )
    SoFi Stock Gets a Downgrade Days After an Upgrade. Why Wall Street Is Divided.
    The financial services company could be “nearing a tipping point” on the fee income it recognizes from loan applications and sales, warning the fee income could decline significantly, Wedbush analysts said.  ( 25 min )
    H&R Block Stock and Intuit Tumble on Direct Electronic Tax Filing Proposal
    The average American spends 13 hours and $250 each year to file their taxes, the IRS says.  ( 23 min )
    Schwab Stock Gains on Upgrade. Are Its Deposit Problems Over?
    The broker's shares were upgraded to Outperform from Market Perform at Raymond James.  ( 22 min )
    C3.ai Stock Rises After Earnings. It Sees Revenue Topping Forecasts.
    The artificial-intelligence software provider forecast higher revenue and a lower operating loss in its fourth quarter than previously guided.  ( 22 min )
    Stocks waver amid debt-limit hopes: Stock market news today
    U.S. stock futures edged higher ahead of the open on Monday as investors took hope that lawmakers can reach a deal in the debt-ceiling standoff.  ( 40 min )
    Cathie Wood Sees the Value of These 2 Stocks Differently Than Goldman Sachs
    Cathie Wood has built a reputation as one willing to bet on disruptive tech and potential game-changing stocks. It’s a strategy the ARK Invest CEO has stuck to whether her choices have easily outperformed the market – as was the case during the pandemic – or badly trailed it – as happened last year. So far, this year, Wood’s flagship fund, the ARK Innovation ETF, has done rather well, showing year-to-date gains of a market-beating 24% although the ETF still remains some distance off the highs no  ( 42 min )
    Kioxia And Western Digital Fast-Track Merger Discussions, Nearing A Deal
    Kioxia Holdings Corp and Western Digital Corp (NASDAQ: WDC) accelerated merger talks have progressed towards a deal as plunging market demand and oversupply of chips weighed on the companies. Kioxia would have a 43% stake and Western Digital a 37% ownership under the deal, Reuters cites familiar sources. Combining their flash memory businesses could boost competitiveness against rivals like South Korea's Samsung Electronics Co, Ltd (OTC: SSNLF). The planned merger will also likely draw anti-trus  ( 39 min )
    Ask an Advisor: ‘Am I Getting Fleeced?' I'm 66, Contributing $272 Per Month to an IRA and Paying $136 Monthly in Fees. That's 50% of My Contribution
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    Ask an Advisor: I Have a ‘Solid Understanding' of Investment Strategies. So Why Should I Pay 1% to a Financial Advisor?
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    Oneok Stock Falls After $19 Billion Deal to Become Oil and Gas Pipeline Giant
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    Why the red-hot tech trade may crumble: Morning Brief
    Is it time for tech stocks to take a breather?  ( 41 min )
    Ask an Advisor: I'm 81, Have a $118K Mortgage and a $110K IRA. Should I Withdraw From My Investments to Pay off My Mortgage?
    I am 81 years old. I have a home mortgage balance of $118,300. I also have a $110,000 rollover individual retirement account (IRA) invested with a bank. Should I withdraw the money from my investment and put the money to … Continue reading → The post Ask an Advisor: I'm 81, Have a $118K Mortgage and a $110K IRA. Should I Withdraw From My Investments to Pay off My Mortgage? appeared first on SmartAsset Blog.  ( 40 min )
    3M Fires Longtime Executive, Citing Inappropriate Personal Conduct
    Michael Vale has worked for the company for more than 30 years.  ( 24 min )
    I'm High-Net Worth. Why Do I Keep Getting Denied a Loan?
    If you're going to the bank for a loan, you might think it would be easier as a millionaire. However, when it comes to high-net-worth lending, more money can mean more problems if the individual doesn't have conventional income or … Continue reading → The post How Does High-Net-Worth Lending Work? appeared first on SmartAsset Blog.  ( 41 min )
    Dow Jones Futures Rise With Biden-McCarthy Meeting On Deck; 6 Best Stocks To Buy And Watch
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    SoFi Gets a Downgrade Just Days After a Buy. Wall Street Is Divided on the Stock.
    The financial services company could be “nearing a tipping point” on the fee income it recognizes from loan applications and sales, warning the fee income could decline significantly, Wedbush analysts said.  ( 22 min )
    Regional Banks May Emerge as a Winner in Debt Showdown, State Street Says
    (Bloomberg) -- Trillions of dollars stowed away in short-term US Treasuries are looking anything but safe as the debt ceiling deadline edges closer. That’s prompted an ETF giant to warn that one of the year’s hottest haven trades could be about to unwind — and throw beleaguered regional banks a lifeline.Most Read from BloombergTurkey Latest: Erdogan Says Unclear If Vote Will Go to RunoffTurkey Goes to Runoff Vote as Erdogan Falls Short of 50% MarkRemote Work Comes With Daytime Drug and Drinking  ( 40 min )
    Weekly Stock List
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    Daily Spotlight: Fed Cuts Expected in 2024
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    Technical Assessment: Bearish in the Intermediate-Term
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    Banks: 10 Weeks Into The Bank Wreck. Where Do We Stand? Who's At Risk?
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    Sell in May and Go Away? Sure. Just Not These Stocks
    You’ve likely heard the Wall Street saying, Sell in May and go away. Turns out, there’s some truth to it.  ( 40 min )
    Nike Peers Rocket Up To 95% In 2023. Why Shoemakers Skechers, On Holding, Deckers Are Running Now.
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    Gold, Oil and Gambling–Merger Monday Is Back. What This Says About Recession.
    Debt ceiling takes center stage as Biden prepares for G-7, Turkey’s Erdogan fails to clinch victory, EV start-ups forecasting disappointing targets, and other news to start your day.  ( 22 min )
    AI Spending Will Cloud Chip Slowdown
    Google, Microsoft and other big techs are slowing capital spending while also launching generative AI services that require the most expensive chips.  ( 26 min )
    US Credit Crunch Claims Seven More Firms Filing for Bankruptcy
    (Bloomberg) -- Media upstart Vice Media LLC and home security company Monitronics International Inc. were among at least seven firms filing for US Chapter 11 bankruptcy protection in the past 24 hours as companies feel the crunch from a year of interest hikes.Most Read from BloombergTurkey Latest: Erdogan Says Unclear If Vote Will Go to RunoffRemote Work Comes With Daytime Drug and Drinking HabitsTurkey Poised for Vote Runoff as Erdogan Ballots Fall ShortChina Jails 78-Year-Old American for Life  ( 40 min )
    Explainer-How Wall Street is preparing for possible US debt default
    As talks over raising the U.S. government's $31.4 trillion debt ceiling intensify, Wall Street banks and asset managers have begun preparing for fallout from a potential default. The financial industry has prepared for such a crisis before, most recently in September 2021. Citigroup CEO Jane Fraser said this debate on the debt ceiling is "more worrying" than previous ones.  ( 39 min )
    NeoGames Stock Soars on $1.2 Billion Acquisition by Australia’s Aristocrat Leisure
    NeoGames stock more than doubles after the company reaches an agreement to be acquired by Australia's Aristocrat Leisure.  ( 25 min )
    IRS Weighs Creating a Government-Run Tax-Prep Option
    Companies such as TurboTax are leaning on lawmakers to fight a change.  ( 26 min )
    These Stocks Are Moving the Most Today: Newmont, Oneok, Magellan Midstream, NeoGames, and More
    Newmont reaches a deal to acquire Australian gold and copper miner Newcrest Mining for $17.5 billion, while Oneok will be buying Magellan Midstream Partners in a cash-and-stock deal with a value of about $18.8 billion including debt.  ( 23 min )
    Turkey’s Markets Drop as Bets for Erdogan Exit Unravel
    (Bloomberg) -- Traders were bracing for more volatility in the Turkish lira as early vote tallies in the presidential election appeared headed to a runoff in two weeks, adding more pressure on the tightly-controlled currency. Most Read from BloombergTurkey Latest: Erdogan Says Unclear If Vote Will Go to RunoffRemote Work Comes With Daytime Drug and Drinking HabitsTrump Changed GOP Rules to Make Winning the Nomination Even Easier — for TrumpJeffrey Epstein Keeps Haunting Wall Street Long After Hi  ( 40 min )
    Oneok Stock Falls After $19 Billion Deal to Become Oil and Gas Pipeline Giant
    The merger diversifies Oneok's operations from primarily natural gas into oil and refined products.  ( 23 min )
    These Stocks Are Moving the Most Today: Newmont, Oneok, Magellan Midstream, NeoGames, and More
    Barron's live coverage of financial markets, from stocks and bonds to oil and crypto.  ( 23 min )
    China opens channel giving investors access to $3 trillion swaps market
    (Bloomberg) -- Global investors seeking to trade China’s reopening will have a new strategic tool from Monday: onshore interest-rate swaps that had an annual turnover of $3 trillion last year.Most Read from BloombergTurkey Latest: Erdogan Says Unclear If Vote Will Go to RunoffRemote Work Comes With Daytime Drug and Drinking HabitsTrump Changed GOP Rules to Make Winning the Nomination Even Easier — for TrumpJeffrey Epstein Keeps Haunting Wall Street Long After His DeathThe so-called Swap Connect  ( 40 min )
    U.S. Stock Futures March Higher With Debt-Ceiling Talks in Focus
    Stock futures advanced to start a new week of trading, with developments on the looming U.S. debt ceiling in focus alongside a trickle of economic data and remarks from central bank officials due in the coming days. Futures for the Dow Jones Industrial Average rose 140 points, or 0.4%, after the in  ( 30 min )
    Newmont to Buy Newcrest for $17.5 Billion. Why It May Have Struck More Than Gold.
    The takeover would cement Newmont’s position as the world’s largest producer of gold, while also increasing its exposure to copper, a metal key to the global transition to cleaner energy.  ( 23 min )
    Morgan Stanley’s Wilson expects debt ceiling debate to trigger sharp stock swings
    (Bloomberg) -- Morgan Stanley’s Michael Wilson — among the most bearish voices on Wall Street — expects the debate around raising the US government’s $31.4 trillion borrowing limit to trigger some sharp swings in equity markets.Most Read from BloombergTurkey Latest: Erdogan Says Unclear If Vote Will Go to RunoffRemote Work Comes With Daytime Drug and Drinking HabitsSea’s Path to Profit Paved With Layoffs, Single-Ply Toilet PaperJeffrey Epstein Keeps Haunting Wall Street Long After His DeathMost  ( 39 min )
    BAT names finance director Marroco as CEO as Bowles bows out
    British American Tobacco appointed finance director Tadeu Marroco as CEO on Monday, succeeding Jack Bowles who is stepping down after about four years. Marroco has been with the tobacco firm since 1992 and was appointed to the board in 2019. Director Javed Iqbal will be interim finance director while the group looks for a permanent replacement for Marroco, the company said.  ( 37 min )
    Vice Files for Chapter 11 in Shift of Fortune for Media Upstart
    (Bloomberg) -- Vice Media LLC filed for bankruptcy protection, punctuating a relatively rapid decline for the media upstart that once boasted a $5.7 billion valuation.Most Read from BloombergTurkey Latest: Erdogan Says Unclear If Vote Will Go to RunoffRemote Work Comes With Daytime Drug and Drinking HabitsTrump Changed GOP Rules to Make Winning the Nomination Even Easier — for TrumpJeffrey Epstein Keeps Haunting Wall Street Long After His DeathThe Brooklyn-based company listed both assets and li  ( 38 min )
    Exclusive-Kioxia, Western Digital speed up merger talks as memory chip demand slumps -sources
    Kioxia Holdings Corp and Western Digital Corp are speeding up merger talks and nailing down a deal structure, two sources with direct knowledge of the matter said, as a slumping flash memory market puts fresh consolidation pressure on the world's No. 2 and No. 4 players. Japan's Kioxia and U.S. chipmaker Western Digital have been hit hard by plunging market demand and oversupply. Combining their flash memory businesses could boost competitiveness against rivals like South Korea's Samsung Electronics.  ( 40 min )
    In the Market: Why US regional banks are doomed to a doom loop
    Banking regulators have been pushed by market volatility in recent weeks into doing things that they haven't really wanted to do, like letting the largest U.S. bank get even bigger. Take the case of the Federal Deposit Insurance Corp (FDIC), one of the main banking regulators. In a December 2021 statement, Chairman Martin Gruenberg said the sale of some troubled banks to the likes of JPMorgan Chase & Co during the financial crisis of 2008 had arguably "increased long-term financial stability risk."  ( 39 min )
    Another China Defaulter Gets Liquidation Order as Pressure Grows
    (Bloomberg) -- Pressure is mounting for China’s dollar bond defaulters to present disgruntled creditors concrete restructuring plans, as another firm that has failed to do so now faces court-ordered liquidation.Most Read from BloombergTurkey Latest: Erdogan Says Unclear If Vote Will Go to RunoffRemote Work Comes With Daytime Drug and Drinking HabitsJeffrey Epstein Keeps Haunting Wall Street Long After His DeathTrump Changed GOP Rules to Make Winning the Nomination Even Easier — for TrumpDangdai  ( 38 min )
    Stock market today: Asian markets, oil lower as recession fears, debt ceiling darken outlook
    Asian shares were mostly lower Monday, dogged by persisting worries over a possible recession and the risk of a default on the U.S. national debt. U.S. futures and oil prices also fell. This week will bring major updates on the Chinese and Japanese economies.  ( 41 min )
    Bitcoin, Ether edge higher; Litecoin leads gainers; investors weigh impact of US debt crisis
    Bitcoin prices rose on Monday morning in Asia to above US$27,000. Ether managed to rise above the US$1,800 support level as Litecoin leads gainers.  ( 39 min )
    $14 Billion Deal to Create Mega-Pipeline Company
    The major energy deal will combine Oneok and Magellan, forming the second-largest U.S.-based pipeline company by stock-market value.  ( 26 min )
    US Equity Futures Fall as Baht Gains With Rand: Markets Wrap
    (Bloomberg) -- US stock futures declined and the dollar traded in tight ranges versus major peers as investors weighed signs of progress in talks to avert a debt default and persistent inflationary pressure. Most Read from BloombergTurkey Latest: Erdogan Vote Below 50% Needed to Win ElectionRemote Work Comes With Daytime Drug and Drinking HabitsEarly Vote Count Shows Erdogan Below 50% in Turkish ElectionTrump Changed GOP Rules to Make Winning the Nomination Even Easier — for TrumpMuch of the act  ( 40 min )
    Oil falls as economic concerns offset prospect of tighter supplies
    Oil prices slipped on Monday as concerns about fuel demand at top global oil consumers U.S. and China offset optimism about tightening supplies from any OPEC+ cuts and a resumption in U.S. buying for reserves. Brent crude futures fell 43 cents, or 0.6%, to $73.74 a barrel by 0130 GMT while U.S. West Texas Intermediate crude was at $69.67 a barrel, down 37 cents, or 0.5%. "Oil prices are still under pressure on sluggish demand outlooks as China’s economic reopening progress seems bumpy," CMC Markets analyst Tina Teng said, adding that the U.S. banking rout has also caused market jitters.  ( 39 min )
    Oil Drops for a Fourth Day as Concerns Over Demand Persist
    (Bloomberg) -- Oil held a fourth weekly loss as concerns over the US economy and China’s slower-than-expected recovery weighed on the outlook.Most Read from BloombergTurkey Latest: Erdogan Vote Below 50% Needed to Win ElectionRemote Work Comes With Daytime Drug and Drinking HabitsEarly Vote Count Shows Erdogan Below 50% in Turkish ElectionTrump Changed GOP Rules to Make Winning the Nomination Even Easier — for TrumpWest Texas Intermediate futures traded near $70 a barrel after the longest run of  ( 39 min )
    China holds rates, adds more liquidity as recovery struggles
    China's central bank rolled over maturing medium-term policy loans while keeping interest rates unchanged on Monday, matching market expectations. The People's Bank of China (PBOC) said it was keeping the rate on 125 billion yuan ($18.08 billion) worth of one-year medium-term lending facility (MLF) loans to some financial institutions unchanged at 2.75% from the previous operation. In a Reuters poll of 30 market watchers conducted last week, 26 participants, or 86.7%, predicted no change to the MLF rate, while four respondents expected a marginal rate cut.  ( 37 min )
    Oneok to buy Magellan Midstream in $19bn US pipeline deal
    News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 5 min )
    Debt-Limit Default Risk Is Higher Than Ever. How Can You Safeguard Your Wealth?
    (Bloomberg) -- The risk of a US debt default is greater than it’s ever been, threatening to tip global markets into a brand-new world of pain. For investors, there are few places to hide other than the oldest hedge in the book: gold.Most Read from BloombergTurkey Latest: Erdogan Says Unclear If Vote Will Go to RunoffRemote Work Comes With Daytime Drug and Drinking HabitsEarly Vote Count Shows Erdogan Below 50% in Turkish ElectionTrump Changed GOP Rules to Make Winning the Nomination Even Easier  ( 41 min )
  • Open

    Warren Buffett Buys Capital One, Dumps BNY Mellon
    Warren Buffett's Berkshire Hathaway shook up its bank holdings last quarter, adding Capital One and exiting positions in two other major lenders amid banking sector turmoil.  ( 16 min )
    Personal Loan Rates & Trends, Week of May 15: Rates Continue Slide
    Personal loan rates dropped again for a third week in a row, lowering the overall average by 28 basis points.  ( 17 min )
    How Do Credit Bureaus Make Money?
    Credit bureaus make money by acting as information brokers for consumer credit histories, selling their services to banks, mortgage lenders, retailers, and more.  ( 22 min )
    Dow Jones Today: Index Inches Up Before Debt Ceiling Talks
    Intel rebounds from a last week’s fall, while Verizon’s 2% drop is the worst of the Dow  ( 17 min )
    Top CD Rates Today, May 15
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 17 min )
    Judgment: What it is, How it Works, Examples and FAQ
    A judgment is a court decision adjudicating a dispute between two parties by determining the rights of each party. Read how monetary judgments work.  ( 24 min )
    How Do Governments Fight Inflation?
    There are many methods used by the government to control inflation; one popular method is contractionary monetary policy.  ( 26 min )
    Markets Make Gains on Debt Ceiling Talks, Data Ahead
    U.S. equities made small advances on Monday, May 15, 2023 on optimism about the debt ceiling negotiations, and new economic data coming this week  ( 16 min )
    How To Talk With Your Clients About ESG Investing
    Environmental, social, and governance (ESG) investing is growing in popularity. See some tips for discussing ESG opportunities with your clients.  ( 29 min )
    Household Debt Rises to $17 Trillion As Delinquencies Increase
    Americans have more debt than ever, and more people are falling behind on paying it.  ( 16 min )
    ONEOK Buys Magellan for $18.8B Billion to Add Oil, Refined Products
    Natural gas pipeline operator ONEOK agreed to buy Magellan Midstream Partners, L.P. for $18.8 billion.  ( 16 min )
    Atlanta Fed’s Bostic Says He Doesn't See Rate Cut This Year
    Three Fed bank presidents weighed in on the future of interest rates and inflation, with Atlanta Fed President Raphael Bostic saying he doesn't see an interest rate cut this year.  ( 18 min )
    Using Your Savings on a Mortgage Down Payment
    There are numerous low-down-payment mortgage options out there, but sometimes it makes sense to build up your savings so you can borrow less.  ( 21 min )
    Top Communications Stocks for May 2023
    DISH Network, Warner Bros. Discovery, and Opera lead the industry for best value, fastest growth, and most momentum, respectively.  ( 21 min )
    Slowing Consumer Spending Likely Weighed on Target’s Q1 Earnings
    Target, the nation’s seventh-largest retailer by revenue, will likely say earnings fell 20% in the first quarter amid a slowdown in comparable store sales and discretionary spending.  ( 17 min )
    Loans for First-Time Homebuyers: How to Finance
    If you’re a first-time homebuyer, the options for borrowing can be exponential and potentially overwhelming. Here are some home financing basics.  ( 32 min )
    H&R Block Shares Sink as IRS Considers Offering Free Tax Filing Service
    H&R Block (HRB) shares are sinking as the Internal Revenue Service (IRS) is set to release a report this week about plans to offer free online tax filings on its website.  ( 15 min )
    How to Get Pre-approved for a Mortgage
    If you’re serious about buying a home, you need to get pre-approved for a mortgage. Learn what is required so you can speed up the approval process.  ( 38 min )
    Cryptocurrencies To Watch: Week of May 15
    This week’s cryptocurrencies to keep an eye on are Kava (KAVA), Bitcoin SV (BSV), Lido DAO (LDO), Rocket Pool (RPL), and Litecoin (LTC).  ( 19 min )
    What To Expect From Tesla's Annual Shareholder Meet
    Tesla Inc. will host some shareholders at its Austin, Texas gigafactory for its annual general meeting this week, amid speculation over Elon Musk's succession planning.  ( 16 min )
    Golden Hammer
    Golden hammer refers to an excessive dependence upon a specific tool to perform many different functions.  ( 18 min )
    Top Tips for Young Financial Advisors
    A younger generation of financial advisors is ready to make their mark on the industry. Here's how they can set themselves apart.  ( 23 min )
    EU Clears Microsoft’s $69 Billion Takeover of Activision Blizzard, With Caveats
    Microsoft's purchase of Activision Blizzard, which was blocked by U.K. regulators last month, is the biggest consumer tech acquisition in more than two decades.  ( 18 min )
    Know Your Shareholder Rights
    Common stock owners have numerous privileges and should be vigilant in monitoring a company. Read on to learn what rights you have as a shareholder.  ( 25 min )
    Why So Few Houses For Sale? Pandemic-Refinancers Have 24 Billion Reasons to Stay Put
    There aren’t many houses for sale, and that’s partly because of the 14 million mortgage holders who took advantage of ultra-low interest rates in 2020 and 2021.  ( 18 min )
    Top Oil Tanker Stocks for Q2 2023
    Tsakos Energy Navigation, Dorian LPG, and TORM are the top oil tanker stocks for best value, fastest growth, and most momentum, respectively.  ( 21 min )
    Inside the Most Important Charts in the World as the Debt Ceiling Deadline Looms
    JC Parets of AllStarCharts rejoins The Express to help us find where the bulls are running across the entire global stock market, and shares his favorite wines for the Spring season.  ( 15 min )
    Top Materials Stocks for May 2023
    Cemex, Albermarle, and Patriot Battery lead for value, growth, and momentum, respectively  ( 20 min )
    Newmont Acquires Newcrest, Creating World’s Biggest Gold Mining Company
    Newmont, the world’s largest gold mining company, acquired Australian rival Newcrest Mining Ltd. for $19.2 billion in the industry’s biggest deal to date.  ( 16 min )
    Risk Measurement: Types of Risk and Ways to Measure Them
    Learn about common metrics used in risk measurement and how to use risk management techniques to assess the risk associated with an investment.  ( 24 min )
    Today's Mortgage Rates & Trends - May 15, 2023: Rates Waver
    Most mortgage averages moved slightly up, after two days of decline. The movement was minor for most loan types, though jumbo 30-year rates rose a full eighth of a point.  ( 20 min )
    What Is a Furnisher in Business? With Examples
    A furnisher is a company that provides information about a consumer, including credit history, to a credit bureau. Learn how furnishers work.  ( 21 min )
    What Is the Equal Credit Opportunity Act (ECOA)? Purpose
    The Equal Credit Opportunity Act (ECOA) is a federal civil rights law that forbids lenders to deny credit to an applicant based on any factor unrelated to the person's ability to repay.  ( 26 min )
    5 Things to Know Before Markets Open
    President Biden looks to meet Tuesday with congressional leaders on the debt ceiling and Newmont agrees to buy Newcrest in the largest gold-mining deal ever. Here’s what investors need to know today.  ( 18 min )
    Working Capital: Formula, Components, and Limitations
    Working capital, or net working capital (NWC), is a measure of a company’s liquidity, operational efficiency, and short-term financial health.  ( 28 min )
    Chattel Mortgage Non-Filing Insurance Definition
    “Chattel mortgage non-filing insurance” refers to a type of insurance product purchased by chattel mortgage providers and other financial firms.  ( 18 min )
    What Does Finance Mean? Its History, Types, and Importance Explained
    Finance is the study and management of money, investments, and other instruments. Learn about the basics of public, corporate, and personal finance.  ( 37 min )
    Emerging Market Fund Definition
    An emerging market fund invests the majority of its assets in securities from countries with economies that are considered to be emerging.  ( 20 min )
    Basis Differential
    Basis differential is the difference between the spot price of a commodity to be hedged and the futures price of the contract used.  ( 18 min )
  • Open

    Dow Jones Today: Index Inches Up Before Debt Debt Talks
    Intel rebounds from a last week’s fall, while Verizon’s 2% drop is the worst of the Dow  ( 1 min )
    Markets Make Gains on Debt Ceiling Talks, Data Ahead
    U.S. equities made small advances on Monday, May 15, 2023 on optimism about the debt ceiling negotiations, and new economic data coming this week  ( 1 min )
    5 Things to Know Before Markets Open
    President Biden looks to meet Tuesday with congressional leaders on the debt ceiling and Newmont agrees to buy Newcrest in the largest gold-mining deal ever. Here’s what investors need to know today.  ( 1 min )
  • Open

    Tienduizenden open vacatures: tekort aan personeel blijft onverminderd hoog
    Veel bedrijven staan te springen om nieuw personeel. Het aantal openstaande vacatures blijft hoog en dat betekent dat de krapte op de arbeidsmarkt nog steeds erg groot is. Vooral in de handel, zakelijke dienstverlening en de zorg zijn veel mensen nodig.  ( 3 min )
    Bijna 15 miljard euro aan munten en goud in geheim vervoerd naar opslag Zeist
    De Nederlandsche Bank (DNB) heeft de afgelopen maand voor bijna 15 miljard euro aan goud, munten en bankbiljetten verhuisd naar een opslag in Zeist, meldt de centrale bank maandag. Daar bevindt zich sinds kort het nieuwe zogenoemde DNB Cashcentrum.  ( 4 min )
    Kabinet krijgt tik op vingers voor begroting: 'Geen buffers voor tegenvallers'
    De Raad van State heeft stevige kritiek op de begrotingsplannen van het kabinet. De belangrijkste adviseur van het kabinet waarschuwt dat het kabinet met de forse uitgaven "dicht langs de vangrail" stuurt. "Er zijn daardoor geen buffers voor het opvangen van eventuele financiële tegenvallers."  ( 5 min )
    Duitsland wil kleinere lng-terminals voor de kust nu energiecrisis voorbij is
    De twee te bouwen lng-terminals voor de kust van het Duitse Rügen worden bijna de helft kleiner. De capaciteit van 18 miljard kubieke meter is niet meer noodzakelijk nu de energietekorten zijn afgewend. Ook was er protest tegen de drijvende terminals.  ( 3 min )
    Windparken op Noordzee 'voor het eerst' stilgezet om trekvogels te beschermen
    Windmolens op zee bij Borssele en Egmond aan Zee hebben zaterdag vier uur lang stilgestaan omdat massale vogeltrek boven de Noordzee was voorspeld. Zo hadden de vogels een veiligere doortocht, zegt minister Rob Jetten (Klimaat en Energie). Deze stap zou wereldwijd voor het eerst zijn gezet.  ( 4 min )
    Microsoft mag Activision overnemen van Brussel, maar deal blijft onzeker
    Xbox-maker Microsoft mag van de Europese Commissie gamesbedrijf Activision Blizzard overnemen. Toch blijft het nog maar de vraag of de overname kan doorgaan; het is onzeker of de autoriteiten in het Verenigd Koninkrijk en de Verenigde Staten ook akkoord gaan met de grootste overname ooit in de gamesindustrie.  ( 4 min )
    Brussel beslist over de grootste overname ooit in de game-industrie
    De Europese Commissie beslist waarschijnlijk in de komende dagen of Microsoft Call of Duty-ontwikkelaar Activison Blizzard mag overnemen. Maar zelfs met Europese toestemming staat de grootste overname ooit in de game-industrie op losse schroeven.  ( 5 min )
    Duitse gasleveranciers onderzocht om mogelijk misbruik prijsplafond
    Het Bundeskartellamt gaat onderzoeken of een aantal Duitse energieleveranciers misbruik heeft gemaakt van het prijsplafond bij de oosterburen. Mogelijk dat de leveranciers meer subsidie hebben gevraagd dan waar ze recht op hadden. De toezichthouder sluit niet uit dat er meer onderzoeken volgen.  ( 3 min )
    Zonnige prognose voor Europese economie, angst voor recessie zakt weg
    De Europese economie zal meer groeien dan verwacht, volgens de Europese Commissie. Het dagelijks EU-bestuur rekent op een groei van 1,1 procent in plaats van 0,9 procent. Daarmee zakt de angst voor een recessie verder weg.  ( 4 min )
    Vattenfall verlaagt tarieven voor stroom en gas tot onder het prijsplafond
    Klanten van Vattenfall met een variabel contract krijgen vanaf 1 juli tarieven die onder het prijsplafond liggen. Eerder verlaagden andere leveranciers, waaronder Eneco en Essent, hun tarieven ook al tot onder die grens.  ( 4 min )
    Vice Media vraagt uitstel van betaling aan
    Vice Media heeft faillissementsbescherming aangevraagd. Het gaat om uitstel van betaling. Op deze manier probeert het Canadees-Amerikaanse mediabedrijf de verkoop aan een groep schuldeisers te vergemakkelijken.  ( 3 min )
    Vice Media vraagt faillissementsbescherming aan
    Vice Media heeft faillissementsbescherming aangevraagd. Het gaat om uitstel van betaling. Op deze manier probeert het Canadees-Amerikaanse mediabedrijf de verkoop aan een groep schuldeisers te vergemakkelijken.  ( 2 min )
    Vast energiecontract opzeggen wordt duurder
    Vanaf 1 juni gelden nieuwe regels voor het opzeggen van een vast energiecontract. Dit betekent dat consumenten die een nieuw vast contract tekenen goed moeten opletten. Het wordt namelijk flink duurder om dat voortijdig op te zeggen.  ( 3 min )
    Turkse beurs zakt 6 procent na uitblijven van winnaar presidentsverkiezingen
    De aandelenbeurs in Istanboel is maandagochtend meer dan 6 procent gezakt. Dat komt door de onduidelijkheid over de toekomst van het land, nu er nog geen duidelijke winnaar is bij de Turkse presidentsverkiezingen.  ( 2 min )
    Argentijnen bestrijden gierende inflatie met rente van ruim 90 procent
    De Argentijnse regering wil met een pakket maatregelen de inflatie van maar liefst 109 procent bestrijden. Zo gaat de rente verder omhoog, moet de eigen valuta worden ondersteund en wil het Zuid-Amerikaanse land nieuwe deals maken met schuldeisers.  ( 3 min )
    Toezichthouder waarschuwt voor misleidende telefoontjes van energieleveranciers
    De energiemarkt krabbelt op, maar dat heeft ook minder leuke kanten. Consumenten moeten namelijk oppassen voor de agressieve en misleidende manier waarop energieleveranciers nieuwe klanten proberen te werven.  ( 3 min )
    NU+ | Nieuwe Twitter-topvrouw in aantal opzichten tegenpool van Elon Musk
    Linda Yaccarino volgt Elon Musk op als hoogste baas van Twitter, een half jaar nadat hij het sociale medium heeft gekocht. Ze is een grote naam in de wereld van de tv-reclame en belichaamt twee dingen waar Musk een hekel aan heeft: reguliere media en reclame.  ( 4 min )
    Explainer | Dure boodschappen door hogere lonen? Zo werkt een loon-prijsspiraal
    Directeur Klaas Knot van De Nederlandsche Bank waarschuwt voor een loon-prijsspiraal als de lonen te veel doorstijgen. Wat is dit precies?  ( 3 min )
    Gemeenten blijven worstelen met energietoeslag voor studenten: hoe zit dat?
    De energietoeslag voor studenten blijft een heikel punt voor gemeenten. Studenten slepen gemeentes voor de rechter, vaak met succes. Wat is er aan de hand en komt er nog een échte oplossing?  ( 5 min )
  • Open

    ONEOK Buys Magellan for $18.8B Billion to Add Oil, Refined Products
    Natural gas pipeline operator ONEOK agreed to buy Magellan Midstream Partners, L.P. for $18.8 billion.  ( 1 min )
    H&R Block Shares Sink as IRS Considers Offering Free Tax Filing Service
    H&R Block (HRB) shares are sinking as the Internal Revenue Service (IRS) is set to release a report this week about plans to offer free online tax filings on its website.  ( 1 min )
    What To Expect From Tesla's Annual Shareholder Meet
    Tesla Inc. will host some shareholders at its Austin, Texas gigafactory for its annual general meeting this week, amid speculation over Elon Musk's succession planning.  ( 1 min )
    EU Clears Microsoft’s $69 Billion Takeover of Activision Blizzard, With Caveats
    Microsoft's purchase of Activision Blizzard, which was blocked by U.K. regulators last month, is the biggest consumer tech acquisition in more than two decades.  ( 1 min )
    Newmont Acquires Newcrest, Creating World’s Biggest Gold Mining Company
    Newmont, the world’s largest gold mining company, acquired Australian rival Newcrest Mining Ltd. for $19.2 billion in the industry’s biggest deal to date.  ( 1 min )

  • Open

    Statute of Frauds: Purpose, Contracts It Covers, and Exceptions
    The statute of frauds is a legal concept that stipulates that certain types of contracts must be executed in writing to be valid.  ( 23 min )
    Wilcoxon Test: Definition in Statistics, Types, and Calculation
    The Wilcoxon test, which refers to either the rank sum test or the signed rank test, is a nonparametric test that compares two paired groups.  ( 19 min )
    Initial vs. Maintenance Margin for a Futures Contract: What's the Difference?
    Learn the values of futures contracts and the initial margin a trader must place in an account to open a futures position as well as maintenance margin.  ( 18 min )
    Be a One-Stop Shop for Your Clients
    Offering a comprehensive suite of financial services can bring in business, but coordination and customization are key to success and customer retention.  ( 20 min )
    Competitive Devaluation Definition
    Competitive devaluation is a series of currency depreciation that nations resort to in tit-for-tat moves to gain an edge in international export markets.  ( 25 min )
    Prime Rate Definition
    The prime rate is the interest rate that commercial banks charge their most creditworthy customers.  ( 25 min )
    Human Resources (HR) Meaning and Responsibilities
    Human resources (HR) is the company department charged with finding, screening, recruiting, and training job applicants, as well as administering benefits.  ( 21 min )
    Federal Open Market Committee (FOMC): What It Is and Does
    The Federal Open Market Committee (FOMC) is the branch of the Federal Reserve System that determines the direction of monetary policy.  ( 25 min )
    EBITA (Earnings Before Interest, Taxes, and Amortization) Definition
    EBITA is a measure of a company’s real performance. It can be more informative than bottom-line earnings.  ( 22 min )
    Additional Insured: Definition, Benefits, Costs, Examples
    Additional insured is a type of status associated with general liability insurance that provides coverage to other individuals/groups not initially named.  ( 24 min )
    What Is a Bank Failure? Definition, Causes, Results, and Examples
    Bank failure is the closing of an insolvent bank by a federal or state regulator. Learn what causes a bank failure and about examples of bank failures.  ( 23 min )
    Is Bitcoin Useless?
    Bitcoin passed its 10th anniversary in 2018 and reached a record price in 2021. Still, the assessments of the cryptocurrency's impact in the last decade have mostly been negative. Is Bitcoin useless?  ( 22 min )
    Target Rate Definition
    A target rate is a key interest rate that a central bank targets to guide monetary policy.  ( 22 min )
    Highest Credit Score: Is It Possible to Get It?
    You can get the maximum credit score by taking steps to reduce your debt and prove you can make payments reliably. Learn how lenders interpret credit scores.  ( 25 min )
    Insolvencies: Definition, How It Works, and Contributing Factors
    Insolvency is a situation in which an individual or company cannot pay off bills and debts. Learn about the insolvency process, how it works, and how to avoid it.  ( 24 min )
    Top Utilities Stocks for May 2023
    Enel Chile, Altus Power, and Genie Energy lead for value, growth, and momentum, respectively  ( 19 min )
    Food Prices are Finally Falling, With One Major Exception
    Checkout at the grocery store is finally getting a less painful as inflation starts to abate—unless you need baby formula.  ( 16 min )
    Owners' Equivalent Rent (OER): Definition and Relationship to CPI
    Owners’ equivalent rent (OER) is the amount of rent that would need to be paid to substitute a currently owned house as a rental property.  ( 20 min )
    These Are the 10 Biggest U.S. Startups by Valuation
    Find out the companies that made the list of the 10 biggest startups by valuation, according to a recent report published by Recode.  ( 21 min )
    Alternative Dispute Resolution (ADR): Definition and Meaning
    Alternative dispute resolution (ADR) is, in an insurance sense, a number of disparate processes used by insurers to resolve claims and contractual disputes.  ( 23 min )
  • Open

    Sea’s Path to Profit Paved With Layoffs, Single-Ply Toilet Paper
    (Bloomberg) -- Just over a year ago, Forrest Li was laid up in bed with Covid, fretting about the future of his company, Sea Ltd. So he propped himself up on a pillow to hammer out the latest in a series of memos that would change the course of his business — and perhaps the tech industry.Most Read from BloombergTurkey Latest: Erdogan Says Unclear If Vote Will Go to RunoffRemote Work Comes With Daytime Drug and Drinking HabitsEarly Vote Count Shows Erdogan Below 50% in Turkish ElectionTrump Chan  ( 43 min )
    Newmont Inks $20 Billion Newcrest Deal to Create Gold Giant
    (Bloomberg) -- Newmont Corp. agreed to buy Newcrest Mining Ltd. in a deal worth about A$28.8 billion ($19.2 billion) including debt, consolidating the US miner’s status as the world’s biggest gold producer.Most Read from BloombergTurkey Latest: Erdogan Vote Below 50% Needed to Win ElectionRemote Work Comes With Daytime Drug and Drinking HabitsEarly Vote Count Shows Erdogan Below 50% in Turkish ElectionTrump Changed GOP Rules to Make Winning the Nomination Even Easier — for TrumpNewcrest holders  ( 40 min )
    ONEOK to buy Magellan Midstream Partners in deal valued at $18.8 billion
    ONEOK Inc agreed to buy Magellan Midstream Partners in a cash and stock deal valued at around $18.8 billion including assumed debt to diversify in the midstream oil and gas industry, the company said on Sunday. ONEOK will pay $25 and 0.6670 shares of ONEOK common stock for each outstanding Magellan common unit. The deal is expected to be accretive to earnings per share beginning in 2024, with EPS accretion of 3% to 7% per year from 2025 through 2027, ONEOK said in a statement.  ( 38 min )
    Newmont Agrees to Acquire Australia’s Newcrest for $17.5 Billion
    The deal would be the largest ever in the gold-mining industry.  ( 26 min )
    Oneok to Buy Magellan Midstream in Deal Worth $18.8 Billion
    (Bloomberg) -- Energy infrastructure company Oneok Inc. will buy Magellan Midstream Partners L.P. in a cash-and-stock transaction valued at around $18.8 billion including assumed debt, according to a joint statement.Most Read from BloombergTurkey Latest: Erdogan Vote Below 50% Needed to Win ElectionRemote Work Comes With Daytime Drug and Drinking HabitsEarly Vote Count Shows Erdogan Below 50% in Turkish ElectionTrump Changed GOP Rules to Make Winning the Nomination Even Easier — for TrumpEach Ma  ( 39 min )
    Stocks Poised to Open Lower
    Weak consumer sentiment is weighing on stocks despite signs that inflation was easing and expectations the Federal Reserve will pause on more interest rate increases when it meets in June.  ( 22 min )
    Billionaire George Soros Loads Up on These 2 ‘Strong Buy’ Stocks ⁠— Here’s Why You Might Want to Follow in His Footsteps
    If you’re going to be forever known for one thing, being the ‘man who broke the Bank of England’ is a description many would sign up for. That is how George Soros is regularly introduced, and the story involves how he bet against the British Pound in 1992 and pocketed $1 billion from the trade in a single day. Of course, Soros’ legendary reputation does not rest solely on that headline-grabbing act, and the billionaire investor has had a decades-long career of almost unmatched investing success.  ( 42 min )
    19 Republican states accuse JPMorgan of closing bank accounts and discriminating against customers due to their religious or political beliefs
    In a letter seen by The Wall Street Journal, Republican attorneys general say the bank closed accounts and asked questions before reinstating them.  ( 39 min )
    Gold could rally to a new record high if the US defaults and investors flee to safety
    RBC Capital Markets said "in the near term, we believe gold looks like the best hedge in the more immediate offing."  ( 40 min )
    TuSimple stock delisted from Nasdaq due to unfiled financial reports
    Autonomous trucking software developer TuSimple will disappear from the Nasdaq on Monday as it is delisted for financial filings failure. The post TuSimple stock delisted from Nasdaq due to unfiled financial reports appeared first on FreightWaves.  ( 40 min )
    Walmart, Alibaba, Target, and More Stocks to Watch This Week
    First-quarter earnings from Home Depot, Cisco Systems, Take-Two, Target, Walmart, Alibaba, Applied Materials, Ross Stores, and Deere. Plus, retail sales and leading economic index.  ( 23 min )
    Fears of a US debt default are mounting as the deadline to lift the borrowing limit looms. Here's what Elon Musk, Paul Krugman and Jamie Dimon have warned.
    No content preview
    The housing market correction would regain new life if the U.S. defaults, says Moody’s chief economist
    The U.S. Treasury could run out of cash as soon as early June. That could deliver a big hit to the housing market.  ( 40 min )
    This Week on Crypto Twitter: Musk Welcomes New Twitter CEO to Get to X—the Everything App
    Bitcoin high priest and MicroStrategy chair Michael Saylor predicts the number one cryptocurrency “will chop its way up—with volatility—forever.”  ( 40 min )
    Is Bitcoin Useless?
    Bitcoin passed its 10th anniversary in 2018 and reached a record price in 2021. Still, the assessments of the cryptocurrency's impact in the last decade have mostly been negative. Is Bitcoin useless?  ( 22 min )
    Here's how to get the best exit package after a layoff
    One upshot to exit packages if you've been laid off: It may be possible to negotiate an even better severance agreement than what is initially offered.  ( 39 min )
    Walmart, Home Depot earnings, Tesla annual meeting, debt ceiling crunch top week ahead
    It's going to be another busy week for investors as regional banks continue to wobble, the debt ceiling looms and economic data flows. Corporations are also hosting annual meetings.  ( 41 min )
    Tiger Seeks to Sell Private-Company Stakes Into Secondary Market
    (Bloomberg) -- Tiger Global Management is seeking to offload hundreds of millions of dollars worth of private companies into the secondary market, according to people with knowledge of the matter. Most Read from BloombergRemote Work Comes With Daytime Drug and Drinking HabitsThis New Airline Is Raising the Bar, From First Class to EconomyTurkey Latest: Polls Close, Count Begins in Knife-Edge ElectionG-7 Finance Chiefs Unite to Condemn Russia and Counter ChinaThe Russian Nuclear Company The West  ( 38 min )
    Dip Buyers Scorched by Cratering Bank Stocks Rush for the Exits
    (Bloomberg) -- The fear-driven selloff that’s cut the stock-market values of some banks in half may look like a perfect chance to buy the dips. If only they’d stop falling. Most Read from BloombergRemote Work Comes With Daytime Drug and Drinking HabitsThis New Airline Is Raising the Bar, From First Class to EconomyG-7 Finance Chiefs Unite to Condemn Russia and Counter ChinaThe Russian Nuclear Company The West Can't Live WithoutBiden Says Debt Talks Move Along as Parties Discuss ChangesAs shares  ( 41 min )
    Argentina to Boost Rates by 600 Basis Points as Inflation Soars
    (Bloomberg) -- Argentina is preparing a set of emergency measures, including raising its key interest rates by 600 basis points to 97% on Monday, as inflation spirals out of control in the run up to presidential elections, according to officials at the Economy Ministry and the central bank.Most Read from BloombergRemote Work Comes With Daytime Drug and Drinking HabitsThis New Airline Is Raising the Bar, From First Class to EconomyG-7 Finance Chiefs Unite to Condemn Russia and Counter ChinaThe Ru  ( 38 min )
    Abortion Bans Can Help Make This Cheap, Accessible Birth Control Pill a Hit
    The FDA’s potential approval of an over-the-counter oral contraceptive could mean a huge market for generic drugmaker Perrigo.  ( 27 min )
    Recession? Here's why top industrial CEOs are super bullish on the economy
    Top industrial CEOs are bullish on the economy, telling Yahoo Finance massive investments and reshoring efforts are among the catalysts for a recovery.  ( 40 min )
    TipRanks ‘Perfect 10’ List: 3 Top-Rated Stocks That Tick All the Right Boxes
    Even though most market watchers would agree that a recession is looming over the next hill, there are still stocks that ‘tick the right boxes,’ flashing buy-signs for investors. The Smart Score tool from TipRanks is perfect for sorting these choices from the pack. The Smart Score algorithm measures every stock according to a set of key metrics, 8 in all, that include a series of sentiment gauges as well as fundamental and technical factors, all of which are known to correlate with future outper  ( 44 min )
    Why the world should fear a commercial property crash
    On both sides of the Atlantic, people have recently been acutely worried about how the banking system would cope with higher interest rates.  ( 40 min )
    Retail sales and superstore earnings: What to know this week
    Retail sales and earnings are expected to provide investors more information on the state of the consumer after a six-month low in consumer confidence sent stocks lower on Friday.  ( 42 min )
    Vanguard vs. Fidelity vs. Schwab
    SmartAsset compares three of the largest investment companies based on usability, trade experience, offerings and cost. Learn more here.  ( 43 min )
    Americans SayThis Much Money Will Make Them Feel Happy & Healthy
    Many Americans don't feel financially confident. In fact, a recent study found that you'd need to earn around $128,000 to have financial confidence.  ( 39 min )
    Reality of ocean container volume far cry from China reopening hype
    It is becoming increasingly clear that hopes of a container boost from the reopening of China are all but gone. The post Reality of ocean container volume far cry from China reopening hype appeared first on FreightWaves.  ( 43 min )
    Edward Jones Says This Generation Is Most Likely to Experience Financial Hardship
    While no one is immune to financial hardships, new research from financial services firm Edward Jones suggests that perhaps those in the millennial generation are particularly vulnerable. In a survey of financial advisors, 43% of the experts polled said that … Continue reading → The post Edward Jones: Millennials Are the Most Likely to Experience Financial Hardship appeared first on SmartAsset Blog.  ( 38 min )
    RIP, Lumber-Futures Contract That Jumped During Covid-19
    The longtime barometer of wood prices and building activity is being replaced with a new lumber-futures contract in an effort to boost trading.  ( 27 min )
    Employers are becoming more open to hiring older workers
    Over 3 in 5 employers said they gave a “great deal” or “quite a bit of consideration” to job applicants age 50 and older when recruiting in 2022.  ( 41 min )
    Top Utilities Stocks for May 2023
    Enel Chile, Altus Power, and Genie Energy lead for value, growth, and momentum, respectively  ( 21 min )
    How to end the US debt ceiling stand-off
    News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 5 min )
    Giant Pension Sold Alibaba, Lululemon, and GE Stock. Here’s What It Bought.
    The New York State Common Retirement Fund is third-largest public pension in the U.S.  ( 23 min )
    Flexible work is feminist–and women won’t return to a system that hasn’t served them well to spare the feelings of powerful men
    It is hardly a coincidence that the demographic which benefited most from the old system has also expressed the most anxiety about changing it.  ( 42 min )
    An elderly man was scammed out of millions. Could the bank have done more to prevent fraud?
    Larry Cook, 76, wired $ 3.6 million to possible scammers abroad. The bank reported him to adult protective services, but continued wiring his money.  ( 43 min )
    Investors Are Nervous—And That Could Support Stocks
    Fund managers have the lowest exposure to stocks relative to bonds since 2009.  ( 25 min )
    Plunging Tax Revenue Accelerates Debt-Ceiling Deadline
    The pandemic led first to a boom, and now a bust, in tax collections.  ( 27 min )
    ‘We didn’t ruin Cadbury – we made it better’
    Cadbury needed to be taken over to improve its flagging business, the chief executive of its US owner has claimed.  ( 43 min )
    Amazon to increase delivery speed while cutting costs
    Amazon has made major changes to its logistics operation aiming to reduce travel distance resulting in faster delivery and lower costs.  ( 39 min )
    Algorithms prop up the market as fretful humans sit out the uncertainty
    News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 6 min )
    Cash-strapped Novavax urges governments to honour Covid jab deals
    News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 5 min )
    Tech CEO explains what's causing mass layoffs
    Kaseya CEO Fred Voccola discusses issues facing the technology sector and shares how his Miami-based company is finding success on 'The Big Money Show.'  ( 38 min )
  • Open

    Ambtenaren gingen vorig jaar het vroegst met pensioen
    Personeel in de zorg, het onderwijs en het openbaar bestuur ging vorig jaar het vroegst met pensioen. Wie werkte in de landbouw, visserij en dienstverlening bleef juist het langst doorwerken. Dat blijkt uit cijfers van statistiekbureau CBS.  ( 3 min )
    Milieudefensie: 'Shell houdt zich niet aan vonnis in klimaatzaak'
    Oliebedrijf Shell doet lang niet genoeg om zich te houden aan de uitspraak in de klimaatzaak die Milieudefensie in 2021 heeft gewonnen. Het bedrijf heeft voor het leeuwendeel van de CO2-uitstoot nog altijd geen goed reductieplan, stelt de milieuorganisatie.  ( 4 min )
    Zoektocht naar betaalbare kop koffie zorgt voor tekort aan goedkope bonen
    Koffiedrinkers stappen door de hoge inflatie steeds vaker over op goedkopere soorten koffie. Daardoor is er meer behoefte aan de robustasoort, die doorgaans goedkoper is dan arabicakoffie. Maar boeren hebben steeds meer moeite die vraag bij te benen.  ( 4 min )
    EU krijgt nieuwe begrotingsregels en stuurt niet meer star op bezuinigen
    De Europese Unie krijgt nieuwe begrotingsregels. Het idee is dat Brussel minder rigide vraagt om extra bezuinigingen als landen toch al in de problemen zitten. Een hele verbetering, vinden experts, maar het is niet zonder gevaren.  ( 7 min )
    Europa krijgt nieuwe begrotingsregels en stuurt niet meer star op bezuinigen
    Europa krijgt nieuwe begrotingsregels. Het idee is dat Brussel minder rigide vraagt om extra bezuinigingen als landen toch al in de problemen zitten. Een hele verbetering, vinden experts, maar het is niet zonder gevaren.  ( 7 min )

  • Open

    The housing market has frozen over. Here's why experts say home affordability isn't getting better any time soon.
    No content preview
    China’s EV industry braced for shakeout as prices plunge
    News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 5 min )
    Markets think falling inflation means rate cuts are around the corner. Here's why that's probably wrong.
    No content preview
    Bond Traders Laser-Focused on Washington as Debt-Cap Risks Grow
    (Bloomberg) -- Treasury traders will be on high alert in the coming week for signs out of Washington on whether the US will careen toward a market-upending default — or will clinch a last-gasp debt deal once again.Most Read from BloombergStock Traders Stay Calm About US Being on Cusp of DefaultThis New Airline Is Raising the Bar, From First Class to EconomyRemote Work Comes With Daytime Drug and Drinking HabitsFlorida’s Money Man Threatens to Cut Ties With Bank of America, Wells FargoG-7 Finance  ( 40 min )
    Borrowers Pounce Before the Going Gets Rougher: Credit Weekly
    (Bloomberg) -- Companies are seizing the opportunity to sell more bonds as rates march higher and the economy slows. Most Read from BloombergStock Traders Stay Calm About US Being on Cusp of DefaultThis New Airline Is Raising the Bar, From First Class to EconomyRemote Work Comes With Daytime Drug and Drinking HabitsFlorida’s Money Man Threatens to Cut Ties With Bank of America, Wells FargoG-7 Finance Chiefs Unite to Condemn Russia and Counter ChinaEuropean borrowers raised the most debt in over  ( 40 min )
    China’s Strong Data Likely to Mask Weakening Recovery
    (Bloomberg) -- Key economic data this week may suggest China’s recovery is doing a lot better than it is in reality.Most Read from BloombergStock Traders Stay Calm About US Being on Cusp of DefaultThis New Airline Is Raising the Bar, From First Class to EconomyRemote Work Comes With Daytime Drug and Drinking HabitsFlorida’s Money Man Threatens to Cut Ties With Bank of America, Wells FargoG-7 Finance Chiefs Unite to Condemn Russia and Counter ChinaOfficial figures on Tuesday are expected to show  ( 42 min )
    What Is a Good 401(k) Match? How It Works and What's the Average
    The most common employer match is 50 cents on the dollar of up to 6% of your salary. In most cases, you should contribute enough to get the maximum match.  ( 25 min )
    The Fed Isn’t Fully Taking Its ‘Foot Off the Pedal,’ Loomis Says
    (Bloomberg) -- The Federal Reserve is most likely halting its interest-rate hikes in June, but a strong easing cycle isn’t in the cards with inflation remaining above the central bank’s target, according to Elaine Stokes at Loomis Sayles. Most Read from BloombergStock Traders Stay Calm About US Being on Cusp of DefaultThis New Airline Is Raising the Bar, From First Class to EconomyRemote Work Comes With Daytime Drug and Drinking HabitsFlorida’s Money Man Threatens to Cut Ties With Bank of Americ  ( 41 min )
    Timing the market isn't easy during a debt-ceiling showdown. Investors should stick to this strategy instead.
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    This Week in Coins: Bitcoin and Ethereum Lead Market Pullback as Dollar Rises
    Crypto enjoyed a short rally after the release of the CPI on Wednesday, but a strengthening dollar pulled prices back down. fs  ( 39 min )
    Warren Buffett's bank account, Charlie Munger's oil checks, and an Amazon bestseller: 6 nuggets from Berkshire Hathaway's annual meeting
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    It's almost impossible to trade on a US default - so here's what investors should do instead, according to Bankrate's senior economic analyst
    No content preview
    I’ll be waiting for you with my shotgun, Revolut executive texts customer
    The head of Revolut’s UK operations accidentally texted a disgruntled customer to say he would be waiting for him “in the garden with my shotgun”, it is claimed.  ( 39 min )
    Stock Traders Stay Calm About US Being on Cusp of Default
    (Bloomberg) -- The debt-ceiling standoff in Congress has the US at risk of being unable to pay its bills as soon as June 1. You’d think stock-market investors would be anxious about the uncertainty — but you’d be wrong.Most Read from BloombergRemote Work Comes With Daytime Drug and Drinking HabitsThis New Airline Is Raising the Bar, From First Class to EconomyG-7 Finance Chiefs Unite to Condemn Russia and Counter ChinaThe Russian Nuclear Company The West Can't Live WithoutFlorida’s Money Man Thr  ( 40 min )
    From Warren Buffett to Paul Krugman, some of Wall Street's biggest names are shrugging off de-dollarization fears
    The US's rivals are trying to unseat the dollar. Some of the biggest names in investing think it's unlikely that they'll succeed.  ( 39 min )
    Tennessee company refuses US request to recall 67 million potentially dangerous air bag inflators
    A Tennessee company could be heading for a legal battle with U.S. auto safety regulators after refusing a request that millions of potentially dangerous air bag inflators be recalled. The National Highway Traffic Safety Administration is demanding that ARC Automotive Inc. of Knoxville recall 67 million inflators in the U.S. because they could explode and hurl shrapnel. At least two people have been killed in the U.S. and Canada, and seven others have been hurt as a result of defective ARC inflators, the agency said.  ( 39 min )
    BlackRock CEO Fink trains successors, with no imminent plan to retire
    Though Fink has no imminent plans to retire, he along with President Robert Kapito has been training these candidates for "The Great Race" - to choose the successor - in what Fink calls is the "No. 1 priority", the report said, citing an interview with the CEO. The five contenders are Mark Wiedman, who runs the global commercial business; Chief Operating Officer Rob Goldstein; and Chief Financial Officer Martin Small along with Rachel Lord, head of the Asia Pacific business, and Salim Ramji, the head of ETFs and indexing products, the report said. Fink told the newspaper he hoped to build camaraderie among the five, and not competition, so they will keep working together.  ( 39 min )
    Dow Jones Futures: Why This Market Is So Dangerous. What To Do Now.
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    AI faces legal limits in these 6 states
    How much AI protection consumers have in this country at the moment depends on where they live.  ( 39 min )
    Binance leaves Canada due to stricter crypto rules
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    A Debt-Ceiling Catch-22 for Investors
    The best outcome would be for a debt-ceiling deal to be reached before the market starts ringing alarm bells, but that might not be in the cards.  ( 26 min )
    Bad News: More American Workers Worry They Can't Afford to Retire
    Americans are not feeling good about their financial standing when it comes to preparing for retirement. Workers and retirees are nearly as worried about making their retirement money last as they were during The Great Recession, according to a new … Continue reading → The post More Workers Worry They Can't Afford to Retire appeared first on SmartAsset Blog.  ( 39 min )
    Ask an Advisor: I'm in the Highest Tax Bracket and ‘Plan to Be There Moving Forward.' Should I Do a Roth Conversion?
    What are your thoughts on Roth conversions if you are in the highest tax bracket and plan to be there moving forward? -Joel If you ask some financial professionals, the answer to this question might be a resounding no, and … Continue reading → The post Ask an Advisor: I'm in the Highest Tax Bracket and ‘Plan to Be There Moving Forward.' Should I Do a Roth Conversion? appeared first on SmartAsset Blog.  ( 40 min )
    How Can I Legally Deposit a Check for Someone Else?
    While more people are opting into online banking, it's possible that you may still need to write or deposit paper checks from time to time. Depositing paper checks to your own bank account can be as simple as handing them … Continue reading → The post Can I Deposit a Check for Someone Else? appeared first on SmartAsset Blog.  ( 41 min )
    Investors predict ‘imminent’ US high-yield bond sell off
    News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 5 min )
    My Family Members Keep Relying on Me to Pay Their Bills. How Can I Stop Enabling Them?
    The recession, inflation and COVID-19 have made a bad situation worse. Financial dependency now has aging parents living with their adult children and their adult children footing the bill for their parent's ill-planned retirement. All while also trying to raise … Continue reading → The post Enablement Could Leave you Permanently Footing the Bill for Your Entire Family appeared first on SmartAsset Blog.  ( 40 min )
    How Can I Pay For Nursing Home Care With Social Security?
    According to a recent study by Genworth Financial, the median cost of nursing home care in the United States was $8,910 per month for a private room and $7,800 per month for a semi-private room in 2021. These costs are … Continue reading → The post How to Pay for Nursing Home Care With Social Security appeared first on SmartAsset Blog.  ( 40 min )
    Is It Smart or Bad to Buy a Home with an LLC?
    If you're buying an investment property, it may make sense to buy it using a limited liability corporation (LLC). While there are certain hurdles you'll have to clear, buying a house with an LLC can have many legal and financial … Continue reading → The post How to Buy a House With an LLC appeared first on SmartAsset Blog.  ( 41 min )
    Rolls-Royce CEO Embarks on ‘Last Chance’ Overhaul at Jet-Engine Maker
    Tufan Erginbilgic has replaced senior management and is renegotiating billions of dollars in contracts. He says there is more work to be done.  ( 23 min )
    Regional Banks Can’t Catch a Break
    Even as some key indicators stabilize for midsize lenders, their shares remain under pressure.  ( 26 min )
    S&P 500 Medtech Play DexCom Leads Five Stocks Near Buy Points
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    Recession? Corporate America’s earnings say it's already arrived
    (Bloomberg) -- As the US economy teeters on the brink of recession, Wall Street is already enduring what could turn out to be the most prolonged corporate profits downturn in seven years. Most Read from BloombergThis New Airline Is Raising the Bar, From First Class to EconomyYellen Says ‘We Have to Default’ on Something If Congress FailsTesla Recalls Virtually Every Car It Has Sold in ChinaFlorida’s Money Man Threatens to Cut Ties With Bank of America, Wells FargoElon Musk Picks Linda Yaccarino  ( 41 min )
    Dental Insurance for Retirees Isn’t a Great Deal. Consider Self-Insuring.
    Stand-alone dental insurance often has limits of $1,000 to $2,000 worth of coverage a year, meaning patients still end up paying for most of the costs on expensive procedures.  ( 33 min )
    ‘It’s essentially a game of chicken.’ The debt limit standoff has no real winners and potentially one big loser: The U.S. economy
    There could be serious economic damage in the U.S. and elsewhere if the debt ceiling fight nears the default deadline.  ( 43 min )
    Inside the ‘Great Race’ at BlackRock: Who Will Replace Larry Fink?
    The only person to ever hold the title of BlackRock CEO says he has no imminent plans to retire—but he is grooming several executives who could take the reins.  ( 22 min )
    The Pain of Silicon Valley Bank’s Collapse Is Being Felt by These Depositors
    Two months after the failure of Silicon Valley Bank, the lender’s depositors in the Cayman Islands have been left out in the cold.  ( 26 min )
    Thousands of mortgage holders face new affordability checks under crackdown by City watchdog
    Banks will be forced to run onerous affordability checks on their own mortgage customers as the City regulator hits them with more red tape.  ( 39 min )
    Austin Russell became the youngest self-made billionaire in 2021; now he owns Forbes
    Austin Russell is on quite a run. The 28-year-old founder and CEO of Luminar, which develops vision-based lidar and machine perception technologies primarily for self-driving cars, told The Wall Street Journal earlier today that he is buying an 82% stake in Forbes Global Media Holdings in a deal that values the company at nearly $800 million. According to the WSJ, Russell's stake includes the remaining portion of the company owned by its namesake family, which sold 95% of the company to the Hong Kong-based investor group Integrated Whale Media back in 2014.  ( 40 min )
    Former ByteDance executive says he was dismissed for flagging illegal activity
    The dispute comes at a time when ByteDance-owned app TikTok faces growing calls for a nationwide ban from some U.S. lawmakers regarding concerns about potential Chinese government influence over it. Yintao "Roger" Yu said in a complaint filed on Friday in San Francisco state court that the Chinese tech company engaged in a "worldwide scheme to steal and profit from the content of others" without seeking permission. When Yu raised these concerns to higher management, he said they dismissed them and asked him to hide the illegal program, especially from employees in the United States, as it had stricter IP laws and class actions.  ( 38 min )
    Yellen expects US regulators to be open to mergers among midsize banks
    The current banking environment and pressures on earnings of some U.S. regional banks may lead to some concentration in the sector, and regulators will likely be open to such mergers, Treasury Secretary Janet Yellen said on Saturday. Yellen told Reuters she was not seeing evidence of pressure on smaller community banks, which had a large percentage of insured deposits. However, she said a certain degree of consolidation in the regional and midsize banking sector could occur.  ( 38 min )
    Fired ByteDance Exec Says China Exerted ‘Supreme’ Data Control
    (Bloomberg) -- A former executive at TikTok parent ByteDance Inc. who was fired in 2018 said in a lawsuit that the Chinese Communist Party had a special office within the company that gave it “supreme access” to all data, a backdoor channel that he said persisted even after US user data was walled off from individual engineers in China.Most Read from BloombergYellen Says ‘We Have to Default’ on Something If Congress FailsThis New Airline Is Raising the Bar, From First Class to EconomyFlorida’s M  ( 40 min )
    ChatGPT and Generative AI in Financial Services: Reality, Hype, What's Next, and How to Prepare
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    Gold jumps above stocks as Americans' preferred long-term investment while real estate plunges
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    A recession and a credit crunch could result in $1 trillion of corporate debt defaults, Bank of America says
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    Fed policy on right track, but inflation still too high, officials say
    The Federal Reserve is "on track" to doing what is necessary to meet the two mandates Congress has given it, Fed Governor Philip Jefferson said on Friday: bring inflation down and enable Americans who want jobs to get them. The Fed has raised its benchmark interest rate five full percentage points over the past 14 months. Inflation by the Fed's preferred measure has eased from 7% last summer to 4.2%, and unemployment has fallen to 3.4%, the lowest since 1969.  ( 38 min )
    Buy Topgolf Callaway Stock. Why the Battered Shares Are Worth a Shot.
    After plunging, its shares look attractive. The company is drawing crowds with its plush, high-tech driving ranges.  ( 22 min )
  • Open

    Treasury Bills (T-Bills): What You Need To Know To Invest
    A Treasury bill (T-Bill) is a short-term debt obligation issued by the U.S. Treasury and backed by the U.S. government with a maturity of less than one year.  ( 28 min )
    Household Income: What It Is and How to Calculate It
    Household income, as defined by the Census Bureau, is the total gross income of all people occupying the same housing unit who are 15 years and older.  ( 23 min )
    What Is a Good 401(k) Match? How It Works and What's the Average
    The most common employer match is 50 cents on the dollar of up to 6% of your salary. In most cases, you should contribute enough to get the maximum match.  ( 25 min )
    French Franc (F) Definition
    The French franc (F) was the national currency of France prior to France's adoption of the euro (EUR) in January 2002. It was first used in 1390. Learn more.  ( 21 min )
    Big Blue: Nickname for IBM, Overview, History
    Big Blue is a long-standing nickname for the IBM corporation, a global technology company based in the US.  ( 20 min )
    Here's How LeBron James Became the NBA's First Billionaire
    While LeBron James earned most of his money through basketball, partnerships with Nike, PepsiCo, and Walmart, as well as real estate investments, have helped jump-start his earnings  ( 20 min )
    Beat of the Week: Compass Shares Gain on Bigger Market Share, Improved Free Cash Flow
    Compass shares gained 47% for the week as the company said it expanded national market share and would be free cash-flow positive starting in the second quarter  ( 16 min )
  • Open

    Grote Duitse spoorstaking voorlopig afgewend
    De aangekondigde spoorstaking van 50 uur die zondagavond in Duitsland zou ingaan, is afgewend. Dat komt doordat het spoorbedrijf Deutsche Bahn en de spoorvakbond EVG een akkoord hebben bereikt in het arbeidsconflict tussen de twee partijen.  ( 3 min )
    Kies voor een vast energiecontract voordat de hoge opzegboete ingaat
    Bij dalende energieprijzen is het verleidelijk om op nog goedkopere energie te wachten, maar het kan handiger zijn om nu een vast jaarcontract te sluiten. Vooral omdat consumenten vanaf 1 juni bij nieuw afgesloten contracten veel hogere opzegboetes moeten betalen als ze tussentijds van het contract af willen. Je kunt ook wachten op een meerjarencontract dat nu nog niet wordt aangeboden.  ( 7 min )
    Hoge opzegboete voor energiecontract nadert: nu nog snel overstappen?
    Bij dalende energieprijzen is het verleidelijk om op nog goedkopere energie te wachten, maar het kan handiger zijn om nu een vast jaarcontract te sluiten. Vooral omdat consumenten vanaf 1 juni bij nieuw afgesloten contracten veel hogere opzegboetes moeten betalen als ze tussentijds van het contract af willen. Je kunt ook wachten op een meerjarencontract dat nu nog niet wordt aangeboden.  ( 6 min )
    NU+ | Opkomst van de SUV bedreigt klimaatdoelen en verkeersveiligheid
    Ongeveer de helft van alle nieuwe auto's die in Nederland worden verkocht, zijn SUV's. Gemiddeld rijden Nederlanders in steeds grotere auto's. Dat leidt tot extra gebruik van energie en grondstoffen, waardoor de klimaatdoelen lastiger haalbaar worden. Ook voor de verkeersveiligheid pakken de grotere wagens slecht uit.  ( 4 min )
    Vakbonden blaffen wel, maar bijten niet voor hogere lonen
    Vakbonden zetten de onderhandelingen op scherp om meer aandacht te krijgen voor hun zaak: compensatie van het koopkrachtverlies van werknemers. Maar het blijft vaak bij dreigen, want er zijn de laatste tijd veel cao's afgesloten. Van een stakingsgolf is geen sprake.  ( 5 min )

  • Open

    Executive fired from TikTok's Chinese owner says Beijing had access to app data in termination suit
    A former executive fired from TikTok’s parent company ByteDance made a raft of accusations against the tech giant Friday, including that it stole content from competitors like Instagram and Snapchat, and served as a “propaganda tool” for the Chinese government by suppressing or promoting content favorable to the country’s interests. The allegations were made in a complaint Friday by Yintao Yu, the head of engineering for ByteDance’s U.S. operations from August 2017 to November 2018, as part of a wrongful termination lawsuit filed earlier this month in San Francisco Superior Court. Yu claims he was fired for disclosing “wrongful conduct” he saw at the company.  ( 38 min )
    Wall Street Roots for Bad News. Consumers See Plenty Already.
    Sentiment readings sink amid high interest rates, debt-ceiling crisis, and inflation worries. Good news on jobs can’t dispel the gloom.  ( 22 min )
    JPMorgan opposes class-action status for Epstein accusers
    JPMorgan Chase & Co on Friday asked a federal judge to deny class-action status to more than 100 women who said the bank helped enable the late financier Jeffrey Epstein to sexually abuse them. In a filing in Manhattan federal court, the largest U.S. bank said Epstein's accusers had too many differences to sue under an "oversimplified" theory that it was liable to all of them by having provided Epstein with banking services. JPMorgan said allowing a class action "skips over" how Epstein's conduct "varied from victim to victim, and across time," and that the bank's knowledge at the time and provision of banking services similarly varied.  ( 39 min )
    Austin Russell Acquires Majority Stake in Forbes Magazine
    (Bloomberg) -- Austin Russell, a 28-year-old automotive technology tycoon, acquired an 82% stake in Forbes Global Media Holdings, parent of the well-known business magazine.Most Read from BloombergYellen Says ‘We Have to Default’ on Something If Congress FailsFlorida’s Money Man Threatens to Cut Ties With Bank of America, Wells FargoThis New Airline Is Raising the Bar, From First Class to EconomyElon Musk Picks Linda Yaccarino as Next Twitter CEOTesla Recalls Virtually Every Car It Has Sold in C  ( 38 min )
    Data of 237,000 US government employees breached
    The personal information of 237,000 current and former federal government employees has been exposed in a data breach at the U.S. Transportation Department (USDOT), sources briefed on the matter said on Friday. It was not clear if any of the personal information had been used for criminal purposes. USDOT said in a statement to Reuters that the breach did not affect any transportation safety systems.  ( 37 min )
    The Debt Ceiling Could Be a Mess. How to Play It.
    If history is a guide, long-term investors should hang tight or lean into big caps, defensive plays, or tech. On the shorter, more speculative end, short-term Treasuries could see a pop in yields around June 1.  ( 22 min )
    Market Rally Action Is Dangerous; Watch Tesla, These EV Chip Stocks
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    Soros Fund Management cut Tesla stake, added Netflix in 1st quarter
    Soros Fund Management, the family office of billionaire George Soros, slashed its stakes in electric vehicle makers Tesla Inc and Rivian Automotive in the first quarter, and added Netflix Inc shares, filings released Friday showed. Soros purchased shares of Tesla and electric truck startup Rivian in 2022 and bought $35 million of Tesla convertible bonds in 2018.  ( 39 min )
    Judge sides with Ellison in Oracle shareholder suit over NetSuite acquisition
    A Delaware judge has ruled in favor of Oracle founder Larry Ellison in a shareholder lawsuit alleging that he coerced the technology company’s board into paying a grossly inflated price to acquire software company NetSuite Corp. in 2016. Vice Chancellor Samuel Glasscock III on Friday rejected the plaintiffs’ allegation that Oracle’s acquisition was not entitled to the deference traditionally shown corporate decision-makers under Delaware’s “business judgment” rule. The shareholders argued that the $9.3 billion deal should be subjected to a more rigorous “entire fairness” review because Ellison was both a controlling shareholder of Oracle at the time and owned almost 40% of shares in NetSuite, which he cofounded in 1998.  ( 39 min )
    Disney, Icahn Enterprises, Peloton: Stocks That Defined the Week
    Here are seven major companies whose stocks moved on the week’s news.  ( 26 min )
    Automotive Tech Billionaire Austin Russell to Acquire Majority Stake in Forbes
    The deal struck by 28-year-old Austin Russell values the business publication at close to $800 million.  ( 28 min )
    Soros Slashed Rivian Stake After 90% Drop From Peak, Exits Tesla
    (Bloomberg) -- George Soros’s investment firm cut holdings in electric-vehicle makers, slashing a stake in Rivian Automotive Inc. after a 90% share decline and eliminating an investment in Tesla Inc.Most Read from BloombergElon Musk Picks Linda Yaccarino as Next Twitter CEOFlorida’s Money Man Threatens to Cut Ties With Bank of America, Wells FargoYellen Says ‘We Have to Default’ on Something If Congress FailsKen Griffin’s Hand-Picked Math Prodigy Runs Market-Making EmpireTesla Recalls Virtually  ( 39 min )
    Luminar Tech CEO Russell to acquire majority stake in Forbes
    The automotive tech billionaire has agreed to acquire 82% of Forbes, which includes the remaining portion of the company owned by the Forbes family, the joint statement to Reuters said. Russell will not be involved in the day-to-day operations of the company, the statement said, adding that capital for the acquisition is independent of his stake in Luminar.  ( 39 min )
    MP Materials, Pitney Bowes See Activist Investor Action
    QVT Financial disclosed a large stake in rare-earths miner MP Materials. Hestia Capital won four seats on the board of shipping-services firm Pitney Bowes.  ( 22 min )
    Elon Musk Is Stepping Down as Twitter’s CEO. Tesla Stock Dropped Anyway.
    Elon Musk is taking a reduced role at Twitter after naming a CEO. Now investors are worried he might do the same at Tesla.  ( 23 min )
    Your Stock Market Action Plan, May 15-19: Walmart, Target, Home Depot, Deere, On Holding Earnings
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    Nippon Express buys European logistics firm Cargo-Partner
    Nippon Express has signed a deal with Austria’s Cargo-Partner that expands its geographic reach and logistics service capabilities. The post Nippon Express buys European logistics firm Cargo-Partner appeared first on FreightWaves.  ( 38 min )
    Bank of America Sees Double-Digit Upside in These 2 Stocks — Here’s Why They Could Surge
    The S&P 500 currently sits 14% below the all-time high of 4,793, which was reached at the end of 2021. However, if a Bank of America prediction is about to play out, new highs will be attained early next year. BofA’s technical research strategist, Stephen Suttmeier, points to specific bullish indicators indicating that the S&P 500 could climb to 4,900 by next March. This represents a potential uptick of 18.5% from current levels. The signals Suttmeier is referring to revolve around breadth, or t  ( 42 min )
    Farmers Set to Abandon US Wheat Crops at Highest Rate Since 1917
    (Bloomberg) -- America’s wheat fields have become so plagued by drought that farmers are now poised to abandon crops at the highest rate in more than a century. Most Read from BloombergElon Musk Picks Linda Yaccarino as Next Twitter CEOFlorida’s Money Man Threatens to Cut Ties With Bank of America, Wells FargoYellen Says ‘We Have to Default’ on Something If Congress FailsKen Griffin’s Hand-Picked Math Prodigy Runs Market-Making EmpireTesla Recalls Virtually Every Car It Has Sold in ChinaProducer  ( 39 min )
    Palantir Eyes New AI Platform To Reaccelerate Sales Growth
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    Carl Icahn Is Locked in Battle Against His Own Kind
    Carl Icahn’s publicly traded firm finds itself the subject of short seller Hindenburg Research. It's just the latest activist-vs-activist battle.  ( 22 min )
    Top CD Rates Today, May 12
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 18 min )
    It May Be Time to Nibble on Small-Cap Stocks. Just Don’t Gorge.
    Big Tech stocks like Apple and Tesla are lifting the major indexes. Small-caps are suffering, but look cheap.  ( 23 min )
    Oil Sands in Canada Face Fire Threat as Temperatures Rise
    (Bloomberg) -- Canada’s main oil-producing region in northeastern Alberta faces an increased risk of wildfires as temperatures rise over the weekend, provincial officials said. Most Read from BloombergStock Traders Stay Calm About US Being on Cusp of DefaultRemote Work Comes With Daytime Drug and Drinking HabitsThis New Airline Is Raising the Bar, From First Class to EconomyG-7 Finance Chiefs Unite to Condemn Russia and Counter ChinaFlorida’s Money Man Threatens to Cut Ties With Bank of America,  ( 40 min )
    The family behind First Citizens Bank has seen its wealth double to $2.2 billion after buying SVB's assets out of bankruptcy
    No content preview
    Stock Picks: Apple, Nvidia Reveal 7 Telltale Traits For How To Invest In Stocks
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    How Early Airbnb Investors Raked In A 499,900% Return On IPO Day From A Simple Idea To Pay The Rent
    Airbnb Inc.‘s initial public offering (IPO) on Dec. 10, 2020, had the hotel industry bracing for impact as the online marketplace shattered records and claimed its position as one of the most valuable IPOs in history. Don't Miss: Why Jason Calacanis and Other Silicon Valley Elites Are Betting On This Startups Vision For Re-Uniting American Families The hospitality industry could only watch in awe as the sharing economy giant’s market value soared. Shares in the company opened at $144.71 on the N  ( 40 min )
    Google’s Sundar Pichai thinks A.I. will spur ‘big societal labor market disruptions’ but also make professions better
    The Google CEO thinks A.I. could have a massive impact on the labor market—he also thinks A.I. is the most "profound" thing that humanity is working on.  ( 40 min )
    Petroleo Brasileiro Stock Sees Relative Strength Rating Rise To 92
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    Week’s Best: First Republic Collapse Could Hurt BNY Mellon’s Pershing
    Here’s our weekly roundup of the most-read articles at Barron’s Advisor.  ( 22 min )
    Hindenburg Research steps up its offensive against billionaire Carl Icahn's investment firm by shorting its bonds
    "We are short units of Icahn Enterprises and have initiated a short position in IEP bonds," Hindenburg announced on Thursday.  ( 39 min )
    Why Graduates Aren’t Hot on Accounting Careers: Low Starting Pay, Onerous Testing
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    Masayoshi Son Now Owes SoftBank $5.2 Billion on Side Deals
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  • Open

    What Is Cash Value in Life Insurance? Explanation With Example
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    Best Credit Cards For International Students
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    Top Savings Account Rates Today, May 12
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    Dow Jones Today: Index Drops on Consumer Concern
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    Top CD Rates Today, May 12
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    First Solar Shares Soar on Purchase of Swedish Solar Tech Firm
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    Consumer Sentiment Plunges on Renewed Economic Worries
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    Musk's Move to Hire a Twitter CEO May Return Him to Tesla's Driver's Seat
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    Today's Mortgage Rates & Trends - May 12, 2023: Rates Drop Again
    Averages for every fixed-rate mortgage type dropped for a second day, with the 15-year average giving up almost a quarter point to sink to a four-week low.  ( 19 min )
    Whole Life Insurance Definition: How It Works, With Examples
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    What Is the Dow 30, Companies In It, Significance
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    Top Indian CEOs
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    The CBOT vs. the CME: What's the Difference?
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    5 Things to Know Before Markets Open
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    Wealthfront and Vanguard Personal Advisor Services are both great robo-advisors. But Wealthfront is the better option, in most cases, unless you are a sophisticated investor.  ( 24 min )
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    Philanthropy and charitable giving are important to many clients, though philanthropic vehicles are logistically complex.  ( 25 min )
    Russell 3000 Index: Stocks and Limitations
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  • Open

    Markets Fall on a Drop in Consumer Sentiment
    U.S. equities ended the week with a losing session on Friday, May 12, 2023 as a report showed consumer sentiment sank.  ( 1 min )
    5 Things to Know Before Markets Open
    Tesla shares move higher on news of a new Twitter CEO and a meeting on the debt ceiling is postponed. Here’s what investors need to know today.  ( 1 min )
  • Open

    First Solar Shares Soar on Purchase of Swedish Solar Tech Firm
    First Solar shares jumped over 25% after the maker of solar panels bought Swedish solar thin film manufacturer Evolar for up to $80 million.  ( 1 min )
  • Open

    Mediavrouw Linda Yaccarino gaat Elon Musk opvolgen als baas van Twitter
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    Storing bij ING is voorbij: betalen via de app is weer mogelijk
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    Consumenten en malafide bedrijven vaker in conflict om zonnepanelen
    De levering en plaatsing van zonnepanelen zorgen voor steeds meer juridische conflicten. Malafide bedrijven maken misbruik van de grote vraag, maar leveren zelden goed werk af. Zo worden bepaalde onderdelen niet geleverd en ontstaat er schade aan daken, met lekkages tot gevolg.  ( 4 min )
    Bitcoinkoers daalt naar laagste punt in bijna twee maanden
    De waarde van de grootste cryptomunt bitcoin zakte vrijdagochtend naar zo'n 26.200 dollar (iets meer dan 24.000 euro). Het is de laagste koers sinds 17 maart.  ( 3 min )
    Alweer een storing bij ING: betalingen via app niet mogelijk
    Het is voor de zoveelste keer in een paar maanden mis bij ING. Klanten melden problemen met de app, waardoor ze niet kunnen inloggen of geld kunnen overmaken. De bank erkent dat er problemen zijn.  ( 3 min )
    Europeanen moeten nog even wachten op Googles AI-chatbot Bard
    Bard, de ChatGPT-concurrent van Google, komt voorlopig nog niet naar Europa. Deze week kondigde het bedrijf aan dat Bard in 180 landen beschikbaar zal komen, maar daar zaten nog geen Europese landen bij. Op termijn brengt Google Bard wel uit in Europa, belooft topman Sundar Pichai.  ( 3 min )
    Europees toezicht op banken is niet goed genoeg volgens Rekenkamer
    Het toezicht op de honderd grootste Europese banken is niet goed genoeg. De Europese Centrale Bank neemt niet snel genoeg beslissingen, is niet consequent en is te soepel voor banken die te veel risico nemen, vindt de Europese Rekenkamer.  ( 4 min )
    Zo veel stijgen de voedselprijzen in onze favoriete vakantielanden
    Wie dit jaar binnen Europa op vakantie gaat, zal niet ontkomen aan stijgende voedselprijzen. Inflatie raakt ook onze favoriete vakantiebestemmingen. Maar wie strategisch tankt en koffie drinkt, kan toch nog wat besparen op vakantie.  ( 6 min )
    Serie | Wat is er nog over van het vermogen van de Philips-familie?
    Sander Schimmelpenninck en Eline Hintzen, achterkleindochter van Frits Philips, zoeken uit wat er is overgebleven van de nalatenschap van de familie Philips. Samen bezoeken ze het landgoed De Wielewaal en duiken ze in het privéarchief van de familie. Dit is de eerste aflevering en de komende weken zie je iedere donderdag om 17.00 uur een nieuwe aflevering op NU.nl.  ( 3 min )
    Philips treft schikking in VS vanwege omkoping in China
    Philips heeft een schikking van 62 miljoen dollar (57 miljoen euro) getroffen met Amerikaanse autoriteiten vanwege vermeende corruptie in China. Het concern, dat zich tegenwoordig vooral richt op medische technologie, zou bijvoorbeeld ziekenhuismanagers hebben beïnvloed om te kiezen voor Philips-apparatuur.  ( 3 min )
    Aantal faillissementen anderhalf keer groter dan vorig jaar
    In de eerste vier maanden van dit jaar gingen in totaal 955 bedrijven op de fles. Dat is ruim anderhalf keer zoveel als in dezelfde periode vorig jaar. Dat blijkt uit cijfers van statistiekbureau CBS.  ( 3 min )
    Ook op vakantie ontkom je niet aan inflatie, voedselprijzen stijgen overal
    Wie dit jaar binnen Europa op vakantie gaat, zal niet ontkomen aan stijgende voedselprijzen. Inflatie raakt ook onze favoriete vakantiebestemmingen. Maar wie strategisch tankt en koffie drinkt, kan toch nog wat besparen op vakantie.  ( 5 min )

  • Open

    Vanguard vs. TD Ameritrade: Which Should You Choose?
    Overall, TD Ameritrade is the better option. However, buy-and-hold investors who value simplicity over bells and whistles may still prefer Vanguard despite limitations.  ( 23 min )
    ACH Transfer vs. Wire Transfer: What's the Difference?
    ACH and wire transfers are two ways to send money electronically. Here’s how they work and how to decide which is better for your purposes.  ( 27 min )
    Comprehensive vs Collision Auto Insurance
    Comprehensive and collision auto insurance provides coverage for physical damage to your vehicle, but they work in different ways. Learn how they compare.  ( 25 min )
    How Credit Union Auto Loans Work
    Auto loans from credit unions can offer lower interest rates than from banks or dealerships, but may be less convenient to apply for. Learn about the pros and cons.  ( 22 min )
    Framing Effect: What It Is and Examples
    Framing effect proposes that individuals make decisions, including about investing, based on how an issue is presented, or “framed,” rather than on the facts conveyed.  ( 25 min )
    Dow Jones Today: Index Falls on Disney Downer
    Disney drags Dow down more than 200 points, while consumer staples stocks Coca-Cola and Walmart move higher.  ( 16 min )
    Markets Mixed as Disney, Regional Bank Shares Slide
    Markets finished mixed on Thursday, May 11, 2023, as Disney streaming subscribers and PacWest deposits fell, sending their shares tumbling.  ( 16 min )
    Peloton Shares Drop on Bike Recall
    Peloton shares fell close to 9% on Thursday after recalling 2.2 million bikes because of a faulty seat assembly.  ( 16 min )
    How Much Will a Car Loan Lower My Credit Score?
    Applying for a car loan likely will lower your credit score, but making on-time payments over the life of the loan will actually boost your credit score in the long term.  ( 23 min )
    How to File an Auto Insurance Claim
    If you're in an accident, you'll need to take a number of steps to file an insurance claim. Find out how to file and what to do if you're not happy with the results.  ( 25 min )
    Student Loan Payments are Set To Resume, Regardless of Court Decision on Forgiveness
    Another facet of pre-pandemic life is making its long-awaited, and for many, dreaded, comeback: the process for restarting student loan payments will begin by the end of June, a top Biden Administration official said.  ( 16 min )
    How to Get the Title After Paying Off a Car Loan
    Once you’ve made the final payment on your loan, you can get the title from your lender, and become the full owner of your car. Learn how the process works.  ( 23 min )
    Survey Shows Real Estate Is Americans' Favorite Long-Term Investment
    More Americans chose real estate over stocks, gold, savings accounts, CDs, or bonds when asked what they believed was the best long-term investment, according to a Gallup poll.  ( 16 min )
    How to Hire a Retirement Advisor
    Making a retirement plan usually shouldn’t be a do-it-yourself project unless you have expert knowledge and experience. Here is how to get help.  ( 24 min )
    Today's Mortgage Rates & Trends - May 11, 2023: Rates Ease
    After climbing for four days, mortgage rates took a notable turn downward with the 30-year average easing after almost returning to 7% territory.  ( 19 min )
    Top CD Rates Today, May 11
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 17 min )
    10 Biggest Silver Mining Companies
    With Industrias Penoles leading the pack, these are the 10 biggest silver mining companies by 12-month trailing revenue.  ( 19 min )
    Standard Deviation Formula and Uses vs. Variance
    The standard deviation is a statistic measuring the dispersion of a dataset relative to its mean and is calculated as the square root of the variance.  ( 26 min )
    Noon Rate Definition
    The now-defunct noon rate was the Canadian Dollar-U.S. Dollar exchange rate based on trading at noon and published each day by the Bank of Canada.  ( 19 min )
    A Money Mystery: What Happened To The Lowest Earners’ Pandemic-Era Cash Stash?
    What happened to all the money that lower-income households saved up during the pandemic? The answer, surprisingly, may be that much of it still hasn’t been spent.  ( 17 min )
    Only A Third of Small Businesses Have Retirement Plans
    Only one-third of small businesses offer employee retirement plans, providing an opportunity for those that do to lure top-notch job candidates in a tight labor market.  ( 17 min )
    Mother’s Day Cards, Jewelry Cost 10% More This Year
    Mother's Day greeting cards and jewelry will cost nearly 10% more this year, thanks to inflation. Shoppers can also expect price increases for flowers and cosmetics.  ( 16 min )
    Robinhood Shares Gain Ahead of 24-Hour Trading Launch
    Robinhood Markets (HOOD) shares are advancing as the online retail brokerage reported better-than-expected financial results, and said it's expanding services including enabling 24-hour trading.  ( 17 min )
    Top Consumer Staples for May 2023
    Marfrig Global Foods, Cal-Maine Foods, and e.l.f. beauty are top for value, growth, and momentum, respectively.  ( 20 min )
    Producer Prices Rose Less than Expected in April
    Wholesale prices rose less than expected last month, the second straight report this week suggesting inflation is moderating.  ( 17 min )
    How to Become an Independent Financial Advisor
    Wondering How to Become an Independent Finacial Advisor? Here are some things to consider.  ( 26 min )
    Top Chinese CEOs
    China’s rapid economic development has produced some truly inspiring CEOs over the past decade, and Chinese companies are now some of the biggest in the world. Here are some of the most successful CEOs in China.  ( 21 min )
    PacWest Shares Tumble 25% Amid Deposit Outflows
    PacWest shares fell more than 25% after the struggling regional bank reported deposit outflows of 9.5% last week, reigniting concerns about the health of the bank.  ( 16 min )
    How Much Will a Car Loan Lower My Credit Score?
    Applying for a car loan likely will lower your credit score, but making on-time payments over the life of the loan will actually boost your credit score in the long term.  ( 23 min )
    Is It Possible to Get Your Car Back After Title Loan Repossession?
    There are options to get your car back after title loan repossession. These include paying off the loan, reviving the existing loan, or buying the car at auction.  ( 23 min )
    Bank of England Raises Rates to Highest Level Since 2008
    The Bank of England raised interest rates in the U.K. to their highest level in 15 years Thursday as the central bank tries to bring some of Western Europe’s stickiest inflation to bear.  ( 18 min )
    FDIC Proposes Special Assessment on Banks to Replenish Insurance Fund
    The FDIC voted 3-2 in favor of a "special assessment" to replenish its deposit insurance fund after the collapse of Silicon Valley Bank and Signature Bank in March.  ( 19 min )
    When Did Facebook (Meta) Go Public? IPO Date and Overview
    Facebook (Meta) had one of the largest and most anticipated IPOs in history on May 18, 2012, but it failed to meet expectations. A NASDAQ glitch cost investors.  ( 22 min )
    What Does Auto Insurance Cover?
    Auto insurance provides a range of coverage, depending on what type of insurance you have. Standard insurance covers costs of property damage or injuries to others.  ( 23 min )
    What Is Full Coverage Car Insurance?
    Full coverage car insurance is auto insurance that includes liability, collision, and comprehensive policies. Learn more about what full coverage car insurance entails.  ( 22 min )
    Top Small-Cap Stocks for May 2023
    Biggest movers include Prometheus, Arcellx, and Madrigal, all more than quadrupling in price in the last year while the Russell 2000 Index is nearly unchanged.  ( 21 min )
    How to Find a BIPOC Financial Advisor or Planner
    Finding the right match can make a large impact in your financial future.  ( 23 min )
    Congress Needs To Clarify Who Regulates Crypto In The U.S., Says SEC Commissioner
    SEC Commissioner Hester Peirce said Congress needs to decide who regulates cryptocurrencies while advocating for clear yet less stringent rules for tokens.  ( 18 min )
    Top Healthcare Stocks for May 2023
    Top healthcare stocks include Azenta Inc. for best value, ShockWave Medical for fastest growth, and Viking Therapeutics for most momentum.  ( 21 min )
    5 Things to Know Before Markets Open
    Disney shares drop after reporting record streaming subscriber losses, and the Labor Department prepares to release its latest update on wholesale inflation. Here’s what investors need to know today.  ( 17 min )
    How Do I Read and Interpret a Stochastic Oscillator?
    Understand the basics of the stochastic oscillator and how analysts and traders use this measure of trend momentum to predict impending reversals.  ( 17 min )
    Top Growth Stocks for May 2023
    Zimmer Biomet Holdings Inc and Nordic American Tankers are top stocks for EPS and revenue growth, respectively.  ( 21 min )
  • Open

    Peloton shares drop on bike recall
    Peloton shares fell close to 9% on Thursday after recalling 2.2 million bikes because of a faulty seat assembly.  ( 1 min )
    Robinhood Shares Gain Ahead of 24-Hour Trading Launch
    Robinhood Markets (HOOD) shares are advancing as the online retail brokerage reported better-than-expected financial results, and said it's expanding services including enabling 24-hour trading.  ( 1 min )
    PacWest Shares Tumble 25% Amid Deposit Outflows
    PacWest shares fell more than 25% after the struggling regional bank reported deposit outflows of 9.5% last week, reigniting concerns about the health of the bank.  ( 1 min )
    Roblox Revenue, Users Jump
    Roblox shares jumped as the online video game company posted better-than-expected revenue and record numbers of users.  ( 1 min )
    Disney Shares Fall After Reporting Loss of 4M Streaming Subscribers
    Shares in Walt Disney dropped 2.4% after hours with the company reporting a 4M drop in Disney+ subscribers, and a modest earnings beat.  ( 1 min )
  • Open

    Markets mixed as Disney, regional bank shares slide
    Markets finished mixed on Thursday, May 11, 2023, as Disney streaming subscribers and PacWest deposits fell, sending their shares tumbling.  ( 1 min )
    Dow Jones Today: Index Falls on Disney Downer
    Disney drags Dow down more than 200 points, while consumer staples stocks Coca-Cola and Walmart move higher.  ( 1 min )
    5 Things to Know Before Markets Open
    Disney shares drop after reporting record streaming subscriber losses, and the Labor Department prepares to release its latest update on wholesale inflation. Here’s what investors need to know today.  ( 1 min )
    Top Growth Stocks for May 2023
    Zimmer Biomet Holdings Inc and Nordic American Tankers are top stocks for EPS and revenue growth, respectively.  ( 1 min )
    Tech Stocks Rally on Inflation News
    The major U.S. indexes finished mixed on May 10, 2023, after the Labor Department reported a slowdown in the annual rate of inflation.  ( 1 min )
    Dow Jones Today: Index (and Inflation) Slip
    Salesforce led a tech march in the Dow, while American Express and Visa fell on consumer credit worries.  ( 1 min )
  • Open

    Getaround Inc. Acquiring Assets of HyreCar for $9.45 Million
    By Exec Edge Editorial Staff Getaround Inc. (NYSE: GETR) said it plans to buy all of the assets of HyreCar Inc., which offers car rentals for gig-economy drivers, for $9.45 million. The acquisition is expected to accelerate Getaround’s “path to profitability,” the car-sharing company said. The deal is expected to close on Tuesday. “HyreCar created […]  ( 38 min )
    Tesla Stock Jumps After Musk Announces New Twitter CEO. What the Move Is Worth.
    Tesla investors have perceived Musk's role at Twitter as a distraction that prevented him from focusing on the car company.  ( 23 min )
    Market Rally Weak Outside Google; Tesla Pops On Elon Musk's Twitter News
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    Tesla Stock Rises After Elon Musk Says He's Found A Twitter CEO
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    PacWest stock plunges 23% after losing 9.5% of deposits last week
    Regional banks were under pressure again Thursday after PacWest reported nearly 10% of deposits flowed out the bank's doors last week as the crisis hitting smaller lenders continues.  ( 40 min )
    Beyond Meat tumbles to new low after seeking to raise $200 million
    Last trading at $10.26, Beyond Meat's stock has slumped from highs of over $239 in the months following its July 2019 initial public offer, among Wall Street's hottest listings that year. Beyond Meat also said it has entered an equity distribution agreement with Goldman Sachs to sell up $200 million worth of its shares, or equivalent to about 30% of its market cap after Thursday's drop. Goldman Sachs analyst Adam Samuelson has a "sell" rating on Beyond Meat's stock, according to Refinitiv.  ( 39 min )
    Carl Icahn’s Firm OKs Buybacks, Increases Shares Backing His Debt
    (Bloomberg) -- Carl Icahn’s holding company authorized a buyback equaling almost 27% of its shares trading on the open market, potentially boosting the stock price as the financier feuds with a short seller.Most Read from BloombergJamie Dimon Says US Needs to 'Finish' the Bank CrisisTurkey Markets Rally as Candidate Withdraws Days Before VoteDimon Jabs at Trump on Debt Ceiling, Says JPMorgan Has War RoomTraders Embrace Bonds as Recession Angst Builds: Markets WrapFamily Builds $900 Million Brazi  ( 40 min )
    Elon Musk Dismisses Warren Buffett's 'Kindly Grandfather' Image As Overrated
    Tesla Inc. CEO Elon Musk has never been one to hold back his opinions, even when it comes to legendary investor and Berkshire Hathaway Inc. founder Warren Buffett. Don't Miss: Why Jason Calacanis and Other Silicon Valley Elites Are Betting On This Startups Vision For Re-Uniting American Families In a candid 2020 interview with The New York Times, Musk didn’t mince words when he discussed Buffett’s image. “He has managed to create a great image for himself as a kindly grandfather, which is maybe  ( 40 min )
    Dimon Warns of Market Panic as Default Draws Closer
    JPMorgan Chase (JPM) CEO Jamie Dimon says the unresolved debt ceiling situation could wreak havoc on the stock market. Dimon said on Bloomberg television that if a debt ceiling agreement isn’t reached, it would be “potentially catastrophic,” adding that as a government default on credit draws close  ( 26 min )
    Brazil's Petrobras to pay $5 billion in dividends, but hints at changes
    Brazil's state-run oil company Petrobras said on Thursday it will pay dividends of 1.893577 reais per share, totaling 24.7 billion reais ($4.94 billion). The company will pay a first installment to shareholders on August 18, while the second will be paid on September 20. ($1 = 5.0033 reais)  ( 38 min )
    Will Nvidia Beat Q1 Expectations? Analyst Says Likely, Backed By AI and Gaming GPU Ramp Up
    Rosenblatt analyst Hans Mosesmann reiterates Nvidia Corp (NASDAQ: NVDA) with a Buy and a $320 price target. The analyst expects Nvidia to meet or slightly beat April quarter and July quarter outlook expectations on data center Hopper H100 ramp, solid Gaming trends (Ada Lovelace), and stable networking (NICs, switching, and DPUs). He sees Nvidia driving the biggest technology inflection the world may have seen in transformational AI everywhere and in everything. Jensen’s AI vision is openly playi  ( 38 min )
    BUD Stock Has Fallen for Five Days. The Boycott Blues Have Kicked Back In.
    Shares of beer maker Anheuser-Busch InBev stock are down again as a conservative boycott continues to loom over the company.  ( 22 min )
    Charlie Munger pockets $70,000 a year from a $1,000 investment he made in 1962 - and has likely raked in over $1 million in total
    Charlie Munger, Warren Buffett's right-hand man, spent $1,000 on oil royalties in 1962. He now receives 70 times that amount from them each year.  ( 39 min )
    Cassava Sciences Stock Clears Benchmark, Hitting 80-Plus RS Rating
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    Zillow: U.S. default would see mortgage rates top 8%, home sales plummet, and the housing market slip back into a ‘deep freeze’
    If the U.S. defaults, Zillow says, mortgage rates could reach 8.4% by September.  ( 40 min )
    FAANG stocks could soar 50% this year thanks to long-term demand for tech goods and no new competition, Fundstrat's Tom Lee says
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    Jamie Dimon says he won’t be buying any more failed banks: ‘It’s a lot of work’
    “People always look at the financial deal. Forget the financial deal ... it's a lot of work,” Dimon told Bloomberg Thursday about buying beaten down banks.  ( 41 min )
    EV Startups Are Proving Warren Buffett Right
    Polestar became the latest electric-vehicle manufacturer to cut its forecast for 2023 deliveries on Thursday, sending its stock down 11%.  ( 27 min )
    Disney CEO Bob Iger says more price hikes coming to streaming services amid profitability push
    Disney CEO Bob Iger revealed more price hikes will be coming to its streaming services.  ( 41 min )
    High Court Backs California Humane-Pork Law in Industry Loss
    (Bloomberg) -- The US Supreme Court upheld California’s new humane-pork law, rejecting an industry challenge in a ruling buttressing the power of states to impose rules that have a broad economic impact on other parts of the country.Most Read from BloombergHedge Funds Drive Credit Suisse CDS Higher on Bets of a PayoutSteve Schwarzman Holds Off Giving Money to DeSantis After Meeting HimAbu Dhabi Royal’s Firm Shorts US Stocks on Global Recession FearsJamie Dimon Says US Needs to 'Finish' the Bank  ( 37 min )
    Donald Trump Says Republicans Should Let the U.S. Default. What Would Happen Next.
    The U.S. came perilously close to default in 2011.  ( 39 min )
    Peloton stock tumbles after company recalls more than 2 million bikes
    Peloton's bike recall likely won't be as a detrimental to the stock as the 2021 treadmill recall, according BMO Capital Markets.  ( 39 min )
    SoftBank Says Goodbye to Alibaba, Hello to More AI Investments
    The Japanese tech investor said it was ready to go on the offensive again with its eye on artificial-intelligence companies after cashing in almost its entire stake in Alibaba.  ( 27 min )
    Why Today’s 4.3% I Bond Is a Better Investment Than Last Year’s 9.6%
    Investors will get an 0.9% fixed rate plus the inflation rate over the life of the savings bonds.  ( 22 min )
    BUD Stock Jumped After Earnings. Then the Boycott Blues Kicked Back In.
    Shares of beer maker Anheuser-Busch InBev stock are down again as a conservative boycott continues to loom over the company.  ( 22 min )
    Bob Iger’s latest strategy to turn Disney’s loss-making streaming business around: Removing content—at a cost of nearly $2 billion
    Now that Iger knows what drives subscriber growth and what doesn't, he wants to thin out the bloated library of content on his loss-making streaming platforms.  ( 40 min )
    Carl Icahn's Icahn Enterprises stock slips on new Hindenburg short
    Hindenburg Research said Thursday that it had initiated a new position in Icahn Enterprises.  ( 40 min )
    Jamie Dimon Says US Needs to 'Finish' the Bank Crisis
    (Bloomberg) -- Jamie Dimon said it’s time for regulators to help put an end to turmoil in the banking industry, but he’s already predicting policymakers will take away the wrong lessons from this year’s upheaval. Most Read from BloombergHedge Funds Drive Credit Suisse CDS Higher on Bets of a PayoutSteve Schwarzman Holds Off Giving Money to DeSantis After Meeting HimAbu Dhabi Royal’s Firm Shorts US Stocks on Global Recession FearsUS Inflation Shows Signs of Moderating, Giving Fed Room to PauseFam  ( 41 min )
    Elliott Management attacks Goodyear — and the blimp isn't the problem
    Goodyear finds itself in the crosshairs of a new activist campaign.  ( 39 min )
    PacWest stock plunges 30% after losing 9.5% of deposits last week
    Regional banks were under pressure again early Thursday after PacWest reported nearly 10% of deposits flowed out the bank's doors last week as the crisis hitting smaller lenders continues.  ( 40 min )
    Cathie Wood Calls Elon Musk 'Renaissance Man.' Says Tesla Self-Driving 'Almost There.'
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    Short Seller Hindenburg Hits Out Again at Carl Icahn, Adds Bet Against Bonds
    (Bloomberg) -- Short seller Hindenburg Research hit out again at Carl Icahn’s investment firm, saying the famed corporate raider failed to disclose enough in response to questions raised in its critical report. Most Read from BloombergSteve Schwarzman Holds Off Giving Money to DeSantis After Meeting HimHedge Funds Drive Credit Suisse CDS Higher on Bets of a PayoutUS Inflation Shows Signs of Moderating, Giving Fed Room to PauseTreasuries Advance After CPI; Stocks Edge Higher: Markets WrapFamily B  ( 39 min )
    Peloton Stock Skids After Bike Recall
    Peloton shares are down nearly 8% in morning trading after the company announced a recall affecting roughly 2.2 million bikes. Bikes sold for about $1,400 from January 2018 through this mo  ( 17 min )
    ‘This Is Beyond Anything I’ve Seen’: Mark Cuban Says He’s Amazed by the Potential Impact of AI — Here Are 2 Stocks That Wall Street Likes
    With the rise of ChatGPT, AI (artificial intelligence) has been generating an enormous amount of buzz this year, based on the tech’s potential to impact so many facets of everyday life and the way we interact with the world around us. But is it really a seismic development or just overhyped tech? Billionaire entrepreneur Mark Cuban falls resolutely in the former camp. Having recently waded in on the conversation, Cuban has said the tech’s potential is “beyond anything I’ve ever seen,” comparing  ( 42 min )
    Capital Gains Tax on Real Estate Investment Property Will Set You Back This Much
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    Adidas to Start Selling $1 Billion Pile of Yeezy Sneakers, Donate Proceeds to Charity
    The sportswear brand ended its partnership with Kanye West last year over the rapper's antisemitic comments, leaving it with more than $1 billion worth of unsold stock.  ( 26 min )
    Ask an Advisor: Should I Pay off My Mortgage or Invest in CDs? I Refinanced My Mortgage at 2.375%, But I Can Get a CD at 4%. Plus, I Want to Retire in 7 Years.
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    JPMorgan CEO Dimon says bank is convening a 'war room' on debt ceiling
    JPMorgan Chase & CO CEO Jamie Dimon said on Thursday bank staff are meeting weekly to discuss the potential implications for clients, contracts and markets of a potential U.S. default. While he does not expect that potentially "catastrophic" outcome, it will likely convene daily "war room" to discuss a potential default as the U.S. government get closer to running out of cash to pay its obligations, he said.  ( 38 min )
    PacWest Stock Tumbles Again. The Bank Turmoil Is Hardly Over.
    The Beverly Hills-based bank said the majority of the 9.5% deposit decline occurred on May 4 and May 5 after news reports that PacWest was exploring all of its options and holding talks with potential investors and partners.  ( 22 min )
    Policymakers Have a Potential Fix For Depleting Social Security Funds ... But It'll Cost You
    The projections for the solvency of Social Security a decade from now are not good. And if something isn't done, the trust funds for Old-Age and Survivors Insurance (OASI) and the combined Old-Age and Survivors Insurance and Disability Insurance (OASDI) … Continue reading → The post Would You Pay an Extra Tax to Save Social Security? Here's What Experts Think appeared first on SmartAsset Blog.  ( 40 min )
    Ask an Advisor: Help Me Understand the Math. How Does Donating to Charity Reduce My Taxes?
    If I give $50,000 in cash to a charity, does that lower my taxable adjusted gross income (AGI) by $50,000? So if my adjusted gross income was $100,000, and I gave $50,000 to charity, is my taxable income now $50,000? … Continue reading → The post Ask an Advisor: Help Me Understand the Math. How Does Donating to Charity Reduce My Taxes? appeared first on SmartAsset Blog.  ( 41 min )
    How Much Retirement Will a $250,000 Annuity Get Me?
    As you build a retirement nest egg, there are many investment options to choose from. An annuity is one option that provides a guaranteed retirement income that can serve as a cornerstone for any financial plan. However, understanding exactly how … Continue reading → The post How Much Does a $250,000 Annuity Pay? appeared first on SmartAsset Blog.  ( 40 min )
    How to Plan For a High-Net-Worth Retirement
    For anyone who anticipates retiring one day, planning is critical. This means saving throughout your career, calculating your future Social Security benefits and anticipating your expenses in retirement. But retirement planning for high-net-worth individuals can be even more complex. These … Continue reading → The post High-Net-Worth Retirement Planning Guide appeared first on SmartAsset Blog.  ( 45 min )
    The Avoidable Retirement Mistake That Empty Nesters Make
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    Two Lithium Stocks to Buy. Analyst Sees Improving Chinese Demand.
    KeyBanc analyst Aleksey Yefremov upgraded shares of Albemarle and Livent to Buy from Hold.  ( 26 min )
    EUR/USD Forecast – Euro Drifts Toward 50-Day EMA
    The euro initially fell during the trading session on Thursday as we continue to see a lot of volatility in the Forex markets.  ( 39 min )
    JD.com Stock Jumps on Earnings Beat. The CEO Is Retiring.
    JD.com's first-quarter earnings beat expectations. The company said CEO Lei Xu will retire in June for personal reasons.  ( 22 min )
    Dow Jones Futures Fall After Inflation Data, Jobless Claims; PacWest Plunges 25% On Falling Deposits
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    Top Healthcare Stocks for May 2023
    Top healthcare stocks include Azenta Inc. for best value, ShockWave Medical for fastest growth, and Viking Therapeutics for most momentum.  ( 22 min )
    Stock futures mixed on new inflation data, regional banking concerns: Stock market news today
    Stock futures slipped on Thursday morning as investors awaited more inflation data.  ( 40 min )
    GM, Ford Could Have Trouble Selling EVs at a Profit. What It Means for Their Stocks.
    Electric vehicle costs are coming down, but not fast enough to help the two automakers, argues Wells Fargo analyst Colin Langan. He has a point.  ( 26 min )
    Investors Found Ways To Protect Money From Possible U.S. Default
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    Investors Keep Buying Tesla, But Dump Apple, Microsoft, Brokerage Data Shows
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    PacWest Stock Tumbles Again. Why Is Everyone Saying Banking Turmoil Is Over?
    The Beverly Hills-based bank said the majority of the 9.5% deposit decline occurred on May 4 and May 5 after news reports that PacWest was exploring all of its options and holding talks with potential investors and partners.  ( 22 min )
    Technical Assessment: Bearish in the Intermediate-Term
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    Analyst Report: AECOM
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    Analyst Report: KKR & Co. Inc.
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    Analyst Report: Simon Property Group, Inc.
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    Daily – Vickers Top Buyers & Sellers for 05/11/2023
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    Daily – Vickers Top Insider Picks for 05/11/2023
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    Top Growth Stocks for May 2023
    Zimmer Biomet Holdings Inc and Nordic American Tankers are top stocks for EPS and revenue growth, respectively.  ( 21 min )
    This Might Be Your Last Call At Ridiculously 'Plump' 5% Rates
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    PacWest stock plummets after it moves to boost borrowing capacity
    So far this month, PacWest shares have lost nearly 40%. During the week ended May 5, deposits declined about 9.5%, the bank said, adding the majority of those outflows happened on May 4 and May 5 after news reports said PacWest was exploring options. But at the end of the first quarter, PacWest had $341.7 million in cash and cash equivalents, which it said would be sufficient to fund cash flow needs over the next 12 months.  ( 38 min )
    Why Energy Stocks Have Run Out of Gas
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    JD.com Shares Jump on Earnings Beat. The CEO Is Retiring.
    JD.com's first-quarter earnings beat expectations. The company said CEO Lei Xu will retire in June for personal reasons.  ( 22 min )
    Inflation data points to Fed pause on rate hikes
    Markets are widely pricing in an interest rate hike pause at the next Fed meeting following the release of new inflation data.  ( 40 min )
    An important update on Icahn’s perpetual dividend . . .
    News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 5 min )
    The Bank-Stock Buying Spree Continues as Insiders Snap Up Shares
    Executives and directors at U.S. banks ranging from giants such as U.S. Bancorp to tiny Byline Bancorp are scooping up more shares.  ( 22 min )
    Healthcare Stocks Are on Sale. Pfizer and Stryker Have Strong Growth Prospects.
    Healthcare has had the greatest earnings growth of any sector since the mid-1980s. Why Pfizer and Stryker are two favorite stocks of the Jensen Quality Growth fund.  ( 23 min )
    SpaceX Is a Roaring Success. Could a Starlink IPO Get Elon Musk Out of His Financial Jam?
    A Starlink IPO could raise billions of dollars and give Musk another source of funds outside of Tesla stock.  ( 32 min )
    Icahn says a ‘blitzkrieg’ hit him
    News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 6 min )
    Head of New Lithium Giant Building Supply Chain for Americas
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    Bitcoin drops on liquidity concerns, Ether dips; Polkadot leads winners; U.S. equity futures gain
    Bitcoin fell on Thursday morning in Asia to trade around the US$27,500 mark. Ether led the losers in the top 10 non-stablecoin cryptocurrencies.  ( 40 min )
    Here's how the economy and the stock market could react to the 4 possible outcomes of the debt ceiling standoff
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    Dow Jones Futures Rise After Nasdaq Hits 2023 High, But Curb Your Enthusiasm
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    Oil prices rise on strong fuel demand data
    Oil prices rose in early Asian trade on Thursday after strong demand for fuels in the U.S. outweighed concerns about the possibility of the world's biggest oil producer and consumer defaulting on its debt. U.S. crude futures rose 28 cents to $72.84. Latest U.S. data showed consumer prices rose in April, increasing the likelihood that the Federal Reserve will maintain higher interest rates which can have the knock-on effect of reducing oil demand.  ( 38 min )
    Nasdaq Hits 2023 High On Google AI Push. Noteworthy, But Curb Your Enthusiasm.
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    2 Bullish signals suggest the S&P 500 could surge 19% to record highs over the coming year, Bank of America says
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  • Open

    Elon Musk zegt dat hij nieuwe topvrouw voor Twitter heeft gevonden
    Elon Musk zegt dat hij een vervanger voor zichzelf heeft gevonden als hoogste baas bij Twitter. De miljardair blijft zelf als voorzitter en eindverantwoordelijke voor technologie werkzaam in het bestuur van het bedrijf.  ( 4 min )
    Schiphol heeft tekort aan beveiligers ruimschoots ingehaald
    Schiphol heeft in de meivakantie ongeveer 1,1 miljoen vertrekkende passagiers verwerkt. Dat leidde niet tot grote problemen omdat er duizend nieuwe beveiligers zijn aangenomen.  ( 3 min )
    Verbod op tijdelijke huurcontracten komt er toch ondanks geruzie in de Kamer
    Het verbod op tijdelijke huurcontracten komt er toch, maar wel met een aantal uitzonderingen. Vorige maand ontstond er ruzie in de Tweede Kamer over de nieuwe wet. Het CDA zoekt nu de middenweg en heeft de strijdbijl met initiatiefnemers PvdA en CU begraven.  ( 5 min )
    Video | Wat is er nog over van het vermogen van de Philips-familie? (aflevering 1)
    Sander Schimmelpenninck en Elinze Hintzen, achterkleindochter van Frits Philips, zoeken uit wat er is overgebleven van de nalatenschap van de familie Philips. Samen bezoeken ze het landgoed De Wielewaal en duiken ze in het privéarchief van de familie. Dit is de eerste aflevering en de komende weken zie je iedere donderdag om 17.00 uur een nieuwe aflevering op NU.nl.  ( 3 min )
    Video | Waarom is de Philips-familie niet een van de rijkste van ons land? (aflevering 1)
    Sander Schimmelpenninck en Elinze Hintzen, achterkleindochter van Frits Philips, zoeken uit wat er is overgebleven van de nalatenschap van de familie Philips. Samen bezoeken ze het landgoed De Wielewaal en duiken ze in het privéarchief van de familie. Dit is de eerste aflevering en de komende weken zie je iedere donderdag om 17.00 uur een nieuwe aflevering op NU.nl.  ( 3 min )
    Britse waakhond verbiedt Microsoft en Activision om elkaars aandelen te kopen
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    Pornosite xHamster gaat in beroep in zaak over illegale amateurbeelden
    Pornosite xHamster gaat in beroep tegen de uitspraak over illegale naaktbeelden. Dat bevestigt de advocaat van xHamster tegenover NU.nl. De rechtbank van Amsterdam bepaalde een maand geleden dat de website alle video's moet verwijderen waarvoor ze geen aantoonbare toestemming heeft gekregen.  ( 5 min )
    EU wil nieuwe belastingen heffen om extra uitgaven te financieren
    De Europese Unie is van plan om nieuwe belastingen in te voeren. Het gaat onder meer om een grensbelasting en een heffing op cryptomunten en financiële transacties. Die inkomsten zijn nodig om uitgaven voor het coronaherstelfonds, defensie en duurzaamheid te kunnen doen.  ( 4 min )
    Britse rente naar hoogste niveau sinds wereldwijde financiële crisis in 2008
    De Britse centrale bank heeft het belangrijkste rentetarief verhoogd naar 4,5 procent om de torenhoge inflatie in het Verenigd Koninkrijk tegen te gaan. Het is de twaalfde verhoging op rij.  ( 3 min )
    Flinke loonsverhoging schoonmakers vanwege duurdere boodschappen
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    Nieuwe stakingen op Duits spoor treffen ook treinen van en naar Nederland
    Het spoorpersoneel in Duitsland legt zondagavond voor vijftig uur het werk neer om een betere cao af te dwingen. Het gaat om een staking in het regionale, langeafstands- en goederenverkeer. Deutsche Bahn verwacht "enorme verstoringen" in Duitsland en over de grens.  ( 4 min )
    Huurprijzen in de vrije sector opnieuw een beetje gezakt
    De gemiddelde huurprijs is in het eerste kwartaal van dit jaar verder gedaald. Hoewel de prijzen in de vrije huursector zijn gezakt, zijn in eerste drie maanden van dit jaar minder mensen naar een huurwoning verhuisd dan een jaar eerder.  ( 3 min )
    Duitse conducteurs en machinisten gaan vanaf zondagavond vijftig uur staken
    Het spoorpersoneel in Duitsland legt zondagavond voor vijftig uur het werk neer om een betere cao af te dwingen. Het gaat om een staking in het regionale, langeafstands- en goederenverkeer. Deutsche Bahn-bestuurder Martin Seiler vindt dat de vakbond zich onredelijk opstelt.  ( 3 min )
    Gasprijs op laagste punt sinds 2021, energierekening mogelijk verder omlaag
    De prijs voor gas is de afgelopen dagen verder gezakt. Voor een megawattuur betalen handelaren nu minder dan 35 euro. Eind 2021 was gas voor het laatst zo goedkoop.  ( 4 min )
    AI-wet haalt grote meerderheid bij eerste stemming Europees Parlement
    Het Europees Parlement heeft donderdag voor het eerst gestemd over de aanstaande AI-wet. Het voorstel is door een grote meerderheid goedgekeurd. Toch duurt het nog een tijdje voordat de Europese regels in werking treden.  ( 4 min )
    Ook KLM moet in de zomer vluchten schrappen door technische problemen
    KLM moet de komende maanden vluchten schrappen. Het gaat om een "beperkt aantal" vluchten met de Cityhopper-toestellen, die binnen Europa vliegen.  ( 3 min )
    Winst ING bijna vier keer zo hoog dankzij gestegen rente
    ING heeft zijn nettowinst bijna verviervoudigd in het eerste kwartaal van dit jaar. Net als ABN AMRO, dat woensdag al zijn resultaten presenteerde, heeft het financiële concern flink geprofiteerd van de gestegen rente.  ( 4 min )
    Dure boodschappen blijven voor inflatie zorgen, energie en brandstof goedkoper
    De hogere prijzen voor eten en drinken waren in april de belangrijkste oorzaak van de inflatie. Het leven was vorige maand 5,2 procent duurder dan een jaar eerder. Vooral de dure boodschappen waren daar debet aan.  ( 3 min )
    Dure boodschappen blijven zorgen voor inflatie, energie en brandstof goedkoper
    De hogere prijzen voor eten en drinken waren in april de belangrijkste reden voor de inflatie. Uit cijfers van statistiekbureau CBS blijkt dat het leven vorige maand 5,2 procent duurder was dan een jaar eerder en vooral de dure boodschappen waren daar debet aan.  ( 3 min )

  • Open

    Disney Shares Fall After Reporting Loss of 4M Streaming Subscribers
    Shares in Walt Disney dropped 2.4% after hours with the company reporting a 4M drop in Disney+ subscribers, and a modest earnings beat.  ( 16 min )
    Top Savings Account Rates Today, May 10
    See how the top nationwide rates on high-yield savings accounts are trending. Our rate data is checked daily for almost 100 financial institutions.  ( 17 min )
    Tech Stocks Rally on Inflation News
    The major U.S. indexes finished mixed on May 10, 2023, after the Labor Department reported a slowdown in the annual rate of inflation.  ( 17 min )
    Fed Report Highlights Risk of Banks’ Exposure to Commercial Real Estate (CRE)
    The U.S. Federal Reserve sounded the alarm on commercial real estate (CRE), highlighting the risks of high exposure to the sector among some of the nation’s banks.  ( 18 min )
    Dow Jones Today: Index (and Inflation) Slip
    Salesforce led a tech march in the Dow, while American Express and Visa fell on consumer credit worries.  ( 17 min )
    Means Test: Definition, How It Works, Examples
    A means test is a formula that qualifies an individual or household for assistance or other benefits.  ( 19 min )
    Top CD Rates Today, May 10
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 17 min )
    Equity Income Definition
    Equity income primarily refers to income from investments that are known to pay dividend distributions.  ( 19 min )
    Roblox Revenue, Users Jump
    Roblox shares jumped as the online video game company posted better-than-expected revenue and record numbers of users.  ( 16 min )
    Social Security Recipients May See Big Drop in Cost-of-Living Increase
    The Senior Citizens League estimates that the 2024 COLA could be 3.1%, plunging from a four-decade high of 8.7% this year.  ( 16 min )
    Market-Based Corporate Governance System
    A market-based corporate governance system defines the responsibilities of the different participants in the company, including shareholders and management.  ( 20 min )
    Top Referral Tips for Financial Advisors
    Referrals can get financial advisors more clients and increase revenues.  ( 22 min )
    Today's Mortgage Rates & Trends - May 10, 2023: Rates Continue Higher
    Mortgage rates moved generally higher for a fourth consecutive day, including a bump in the flagship 30-year average that almost returns it to 7% territory.  ( 19 min )
    Mortgage Applications Jumped Last Week
    Homebuyers may have been buoyed this week as the Federal Reserve signals a pause in interest rate hikes, according to the Mortgage Bankers Association.  ( 16 min )
    Is it Possible to Have a Credit Limit That’s too High?
    Avoid these pitfalls when working with high credit limits, and learn how to increase your credit score by increasing your credit limit responsibly.  ( 22 min )
    Google AI Push Comes With Enhanced Features For Search, Maps
    Google's AI push comes with enhanced features for search, maps and photo editing as well as an expansion to 180 countries with over 40 languages.  ( 17 min )
    The New York City Economic Tracker: April 24, 2023
    Investopedia and NY1 are teaming up on a series of biweekly updates tracking the health of New York City’s economy, highlighting the best and worst-performing areas of New York's housing, tourism, leisure and hospitality metrics. areas of New York's housing, tourism, leisure and hospitality metrics.  ( 18 min )
    Legendary Asian-American Entrepreneurs
    These 11 entrepreneurs turned their ideas into thriving businesses that have transformed industries from high tech to medicine to fashion design.  ( 25 min )
    Here’s How Deposit Insurance Keeps Bank Accounts Safe—Even If Its Funding Runs Dry
    Even in the wake of bank failures that have diminished the funds that backstops deposit insurance, the average bank customer shouldn’t worry too much, experts say.  ( 20 min )
    Shares in Icahn Enterprises Drop 20% After Federal Investigation Confirmed
    Icahn Enterprises confirmed federal investigation, sending shares down 20%  ( 17 min )
    Top Cannabis Stocks for May 2023
    Cresco Labs, SNDL, and Green Thumb Industries top peers for best value, fastest growth, and best performance, respectively.  ( 20 min )
    Ethical Standards You Should Expect From a Financial Advisor
    Professional ethics in the financial services profession can be confusing. Here are some ways to ensure you are getting the best advice.  ( 26 min )
    Top 10 Asian American-Owned Banks
    There are more banks owned by Asian Americans than by any other racial group in the U.S. Here are 10 of the most successful ones.  ( 30 min )
    Calculating Investment Percentage Gains or Losses
    Calculating the percentage gain of an investment is easy. Here is what you need to know to determine gain or loss.  ( 23 min )
    Term Life Insurance: What It Is, Different Types, Pros and Cons
    Term life insurance is a guaranteed life benefit paid to beneficiaries of the insured after death.  ( 28 min )
    Inverted Market: Causes and Example
    An inverted market occurs when the near-maturity futures contracts are higher in price than far-maturity futures contracts of the same type.  ( 21 min )
    What Is Form 1099-G, Certain Government Payments?
    If you received unemployment compensation or a tax refund, you might get Form 1099-G. Find out what it is, why you received one, and more.  ( 25 min )
    Top Tech Stocks for May 2023
    Daqo New Energy, Rumble, and Tingo Group lead the pack for value, growth, and momentum, respectively.  ( 21 min )
    Secondary Mortgage Market Major Players
    Four major players slice and dice your mortgage in the secondary mortgage market.  ( 22 min )
    How Steve Jobs Changed the World
    An innovator and visionary, Steve Jobs' accomplishments can be held along with those of Microsoft’s Bill Gates, Google’s Larry Page, and Sergey Brin.  ( 21 min )
    How Morgan Stanley (MS) Makes Its Money
    Learn more about Morgan Stanley's operations and how it makes money.  ( 21 min )
    Gas and Vehicle Prices Fueled Stubborn Inflation in April
    Inflation, which has been in retreat for months, barely budged in April as price increases for housing, gas, and vehicles kept the overall rise in the cost of living too high for comfort.  ( 16 min )
    Does Your Financial Advisor Speak Crypto?
    As cryptocurrency gains popularity, consider speaking with a financial advisor about potential risks and rewards that come with the investment. Here's what they may say.  ( 27 min )
    Stock Trading Bot: Coding Your Own Trading Algo
    Many traders are moving to become algorithmic traders but struggle with the coding of their trading robots. Learn here the fundamentals of algorithmic trading.  ( 22 min )
    Senior Loan Officer Opinion Survey on Bank Lending Practices (SLOOS) Definition
    Administered by the Federal Reserve, the Senior Loan Officer Opinion Survey on Bank Lending Practices (SLOOS) is a quarterly survey of domestic institutions and foreign institutions operating in the United States.  ( 20 min )
    5 Things to Know Before Markets Open
    The Labor Department will release its latest update on consumer inflation and Google will introduce new artificial intelligence technology at its developer conference. Here’s what investors need to know today.  ( 17 min )
    Rising Rates, Tighter Lending, Remote Work Squeeze Commercial Real Estate
    Commercial real estate (CRE) loans are becoming expensive and harder to get for landlords, while increasing delinquencies could be a problem for regional banks with disproportionate CRE exposure.  ( 18 min )
    Investment Time Horizon: Definition and Role in Investing
    An investment time horizon is the time an investment is held until sold. Discover the best investments for short, medium, and long-term investment horizons.  ( 23 min )
    Marketing in Business: Strategies and Types Explained
    Marketing refers to the activities of a company associated with buying, advertising, distributing, or selling a product or service.  ( 29 min )
    Cost of Goods Sold (COGS) Explained With Methods to Calculate It
    Cost of goods sold (COGS) is defined as the direct costs attributable to the production of the goods sold in a company.  ( 27 min )
    Return on Investment (ROI): How to Calculate It and What It Means
    Return on investment (ROI) is a performance measure used to evaluate the efficiency of an investment or compare the efficiency of several investments.  ( 26 min )
    Entrepreneur: What It Means to Be One and How to Get Started
    Entrepreneurs create new businesses, taking on all the risks and rewards of their company. Learn about entrepreneurship and the challenges facing entrepreneurs.  ( 37 min )
  • Open

    Beyond Meat Plans to Raise Up to $200 Million in Stock Offering
    (Bloomberg) -- Beyond Meat Inc. seeks to raise as much as $200 million in an equity offering as the plant-based burger maker contends with falling sales and a decline in cash reserves. Most Read from BloombergSteve Schwarzman Holds Off Giving Money to DeSantis After Meeting HimItaly Intends to Exit China Belt and Road Pact as Ties SourTucker Carlson’s Twitter Move Wipes $235 Million From RumbleUS Inflation Shows Signs of Moderating, Giving Fed Room to PauseTreasuries Advance After CPI; Stocks Ed  ( 40 min )
    Warren Buffett's Apple bet is worth $158 billion or 22% of Berkshire Hathaway's total market value. The investor gave 5 reasons why he's not stressing about the wager's size.
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    Bud Light parent company's stock downgraded by HSBC amid branding 'crisis,' huge sales drop
    HSBC is downgrading Anheuser-Busch InBev to hold following the Bud Light "crisis" involving a marketing campaign featuring transgender activist Dylan Mulvaney.  ( 39 min )
    Bud Light sales continue to fall weeks after Mulvaney promo debacle
    Sales of other Anheuser-Busch brands, including Michelob Ultra, Busch Light and Natural Light, have also taken a hit.  ( 38 min )
    Fed Report Highlights Risk of Banks’ Exposure to Commercial Real Estate (CRE)
    The U.S. Federal Reserve sounded the alarm on commercial real estate (CRE), highlighting the risks of high exposure to the sector among some of the nation’s banks.  ( 18 min )
    Paramount cuts 25% of US networks jobs, shuts down MTV News: reports
    Paramount is cutting staff and shuttering MTV News to cut costs, according to media reports.  ( 40 min )
    Top CD Rates Today, May 10
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 18 min )
    Sonos Stock Tumbles After Speaker Maker Cuts Sales Outlook
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    Topgolf Sinks Most Since 2020 on Concern Golf Boom Is Fading
    (Bloomberg) -- Topgolf Callaway Brands Corp. tumbled by the most since October 2020 on Wednesday after the company cut its profit forecast for the year, signaling that interest in golf is cooling following a pandemic-fueled surge.Most Read from BloombergSteve Schwarzman Holds Off Giving Money to DeSantis After Meeting HimItaly Intends to Exit China Belt and Road Pact as Ties SourTucker Carlson’s Twitter Move Wipes $235 Million From RumbleUS Inflation Shows Signs of Moderating, Giving Fed Room to  ( 39 min )
    Disney earnings miss estimates as streaming losses narrow, parks soar
    Disney reported quarterly earnings after the bell on Wednesday. Here's what to know.  ( 40 min )
    Carl Icahn's Icahn Enterprises stock falls 15% after company discloses federal probe
    The U.S. Attorney's office of the Southern District of New York reached out to Carl Icahn and Icahn Enterprises a day after Hindenburg Research released a short report on the holding company.  ( 39 min )
    PayPal And Palantir Both Took The AI Plunge But Reactions Were Different
    Two companies that were both partly founded by Peter Thiel reported their first quarter results, namely PayPal Holdings Inc (NASDAQ: PYPL) and Palantir Technologies Inc (NYSE: PLTR). Palantir shares catapulted on Tuesday after CEO outlined plans to capitalize AI boost, while PayPal increased its outlook for the year but its increased profitability was mostly the result of cost cutting, including staff cuts. PayPal’s Raised Profit Expectations Were Eclipsed By Adjusted Margin Guidance With its fi  ( 40 min )
    US Budget Surplus for April Plunged 43% on Weakening Tax Revenues
    (Bloomberg) -- The US federal government’s budget surplus for April was down 43% from a year ago, thanks to a slide in tax revenues for the month that annual household filings are due.Most Read from BloombergSteve Schwarzman Holds Off Giving Money to DeSantis After Meeting HimUS Inflation Shows Signs of Moderating, Giving Fed Room to PauseItaly Intends to Exit China Belt and Road Pact as Ties SourVanguard’s Trillion-Dollar Man Leads a Fixed-Income RevolutionTrump Liable for Sex Abuse, Must Pay $  ( 38 min )
    Argentina Is Going Broke to Stall a Full-On Currency Collapse
    (Bloomberg) -- Argentina’s fight to prevent its problematic currency from a total meltdown is leaving the central bank, by some estimates, broke.Most Read from BloombergSteve Schwarzman Holds Off Giving Money to DeSantis After Meeting HimUS Inflation Shows Signs of Moderating, Giving Fed Room to PauseItaly Intends to Exit China Belt and Road Pact as Ties SourVanguard’s Trillion-Dollar Man Leads a Fixed-Income RevolutionTrump Liable for Sex Abuse, Must Pay $5 Million to CarrollThe South America n  ( 39 min )
    Trade Desk Stock Today: This Iron Condor May Generate A $125 Profit By May 12
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    Dominion CEO describes deliberation around $787.5 million settlement with Fox
    When deliberating whether to settle its defamation lawsuit against Fox for $787.5 million in April, the CEO of Dominion Voting Systems and his partner saw the figure as “a very big price to put on truth and journalism and probably not a bad precedent,” Dominion head John Poulos said Wednesday. Poulos, Dominion’s co-founder and chief executive, spoke about his experience settling the historic lawsuit during an interview at the Sir Harry Evans Global Summit in Investigative Journalism in London. Dominion sued Fox News and parent company Fox Corp in 2021 over the network’s coverage of false vote-rigging claims about the voting technology firm.  ( 39 min )
    Stock Screener: This Gold Stock Packs A Punch At Less Than 10 Bucks
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    Icahn, Under Federal Investigation, Blasts Short Seller
    Facing a federal probe over practices at his investment company, activist investor Carl Icahn went on the attack against the short seller that likely spurred the inquiry.  ( 27 min )
    Analyst Report: Integer Holdings Corp
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    Analyst Report: Eaton Corporation PLC
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    Analyst Report: Church & Dwight Co., Inc.
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    Top Cannabis Stocks for May 2023
    Cresco Labs, SNDL, and Green Thumb Industries top peers for best value, fastest growth, and best performance, respectively.  ( 22 min )
    IBM’s CEO says its new A.I. tools will be able to do ’30 – 50%’ of ‘repetitive’ office work after indicating his own company will pause some hiring
    Arvind Krishna thinks A.I. will become integral to many office tasks.  ( 41 min )
    These Are The 5 Best EV Stocks To Buy And Watch Now
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    Market Update: ALB, CHD, ETN, ITGR, PEAK, NET
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    Prosecutors Seek Data From Icahn Enterprises Following Short-Seller’s Report
    Icahn Enterprises said the U.S. Attorney for the Southern District of New York requested information on a range of issues, including valuation and governance.  ( 23 min )
    Carl Icahn's Icahn Enterprises stock falls 20% after company discloses federal probe
    The U.S. Attorney's office of the Southern District of New York reached out to Carl Icahn and Icahn Enterprises a day after Hindenburg Research released a short report on the holding company.  ( 39 min )
    3 REITs With Sensational First-Quarter Earnings
    Investors who are on the lookout for real estate investment trusts (REITs) that could prosper in the future need to look no further than the recent first-quarter earnings reports that were released last week. Strong earnings often drive increases in share price as well as dividend growth. Therefore, companies with the best operating results stand to do as well or better than other comparable peers. Take a look at three REITs that had sensational first-quarter earnings and are strong candidates t  ( 40 min )
    Don’t Own Apple Stock? You’re Probably Regretting It.
    Managers with relatively low exposure to tech heavyweights might be kicking themselves right about now.  ( 22 min )
    Leaked email from Microsoft CEO says salaried staff will not get raises this year due to macroeconomic conditions
    Microsoft CEO Satya Nadella told staff in an email Wednesday that the company will not be supplying raises to salaried staff due to macroeconomic conditions.  ( 39 min )
    Icahn Enterprises Shares Fall After US Attorney’s Office Requests Information
    (Bloomberg) -- Icahn Enterprises LP, under pressure from a short seller, fell as much as 20% after disclosing that the US Attorney’s office for the Southern District of New York had reached out seeking information. Most Read from BloombergSteve Schwarzman Holds Off Giving Money to DeSantis After Meeting HimItaly Intends to Exit China Belt and Road Pact as Ties SourVanguard’s Trillion-Dollar Man Leads a Fixed-Income RevolutionUS Inflation Shows Signs of Moderating, Giving Fed Room to PauseTrump L  ( 39 min )
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    Advanced Micro Devices, Inc (NASDAQ: AMD) shares are trading higher Wednesday. The positive movement could also be in sympathy with peer chipmakers, as a lot is brewing in the space. Peer chipmaker NVIDIA Corp (NASDAQ: NVDA) is also trading higher on reports of additional orders for AI chips that require Taiwan Semiconductor Manufacturing Company Ltd's (NYSE: TSM) CoWoS (chip on wafer on substrate) packaging. A lso, reports suggest that Nvidia might launch its GeForce RTX 4060-series graphics ca  ( 39 min )
    AB InBev Stock Falls as Bud Light Weakness Spreads to Other Brands
    Nationwide retail sales of Budweiser and Bud Light are down both year to date and over the four-week period ended April 29—in contrast to the industry and peers.  ( 22 min )
    CNBC anchor who accused ex-CEO of sexual harassment to leave network
    A lawyer for Gamble said her client filed a sexual harassment complaint that led to the firing of NBCUniversal chief Jeff Shell.  ( 38 min )
    'The Fed Will Not Raise Rates Again': Bond King Jeffrey Gundlach Says Rate Hikes Are Done — Is It Time For These 2 Sectors To Shine?
    The Federal Reserve announced another 25 basis point rate hike last week, bringing the federal funds rate to its highest level since 2007. But according to DoubleLine Capital Founder Jeffrey Gundlach, this should mark the end of the U.S. central bank’s hawkish stance. “The Fed will not raise rates again,” he said in a tweet. This is not the first time for Gundlach to predict that the Fed will pivot. “I predict the Federal Reserve will be cutting rates substantially soon,” he said in a tweet in M  ( 39 min )
    Warren Buffett Says, 'There's Nothing Better' Than This Strategy If You 'Do It At The Right Price.' Here Are 3 Companies Leading The Pack In This Area
    Companies can allocate their funds in various ways to create shareholder value. But in the eyes of legendary investor Warren Buffett, one method stands out above all others. “If you do it at the right price, there’s nothing better than buying in your own business,” the Berkshire Hathaway CEO said during his company’s annual shareholders meeting in 2022. Buffett was referring to stock buybacks. Basically, a company can repurchase its own shares from the open market, effectively reducing the numbe  ( 41 min )
    Microsoft reveals the A.I. skills that will be ‘crucial’ to landing any job in the future
    According to Microsoft's Work Trend Index, the labor force needs to start working on their A.I. skills immediately or risk being left behind.  ( 40 min )
    Costa Rica’s President Declares an End to Decades of Reckless Debt and Deficits
    (Bloomberg) -- Costa Rica’s days of living beyond its means and running up reckless amounts of debt are over, said the nation’s president, whose fiscal turnaround is winning over currency and bond traders.Most Read from BloombergSteve Schwarzman Holds Off Giving Money to DeSantis After Meeting HimItaly Intends to Exit China Belt and Road Pact as Ties SourUS Inflation Shows Signs of Moderating, Giving Fed Room to PauseVanguard’s Trillion-Dollar Man Leads a Fixed-Income RevolutionTrump Liable for  ( 39 min )
    Toyota Accelerates Its EV Changes With Extra $7 Billion Investment
    Toyota’s new management said it would add billions of dollars in spending to reach electric-vehicle targets, as it seeks to make up lost ground.  ( 27 min )
    Dow Jones Reverses Lower On CPI Inflation Data; Airbnb Plunges 14% On Earnings
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    European Swedish Orphan Biovitrum To Acquire CTI BioPharma For $1.7B
    Swedish Orphan Biovitrum AB (OTC: BIOVF) has agreed to acquire CTI BioPharma (NASDAQ: CTIC) for $9.10 per share of common stock in an all-cash transaction, representing an implied equity value of approximately $1.7 billion. The transaction price represents an 89% premium to CTI's closing share price on May 9, 2023, and a 95% premium to its 30-trading day volume-weighted average price of $4.67. The transaction will diversify Sobi's portfolio of hematology medicines through CTI's lead product, Von  ( 39 min )
    Airbnb stock falls 14% after company forecasts revenue slowdown
    Airbnb told investors the second quarter is turning out to be a "tougher comp" for the company, spooking markets early Wednesday.  ( 40 min )
    Roblox Losses Widen. It’s Looking to Get Costs Under Control.
    The videogame platform reports a first-quarter loss that was wider than a year earlier and wider than analysts expected.  ( 25 min )
    Reata Pharma Tumbles After Scrapping Its Kidney Drug As Earnings Come In Mixed
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    ‘Shocking Deterioration’: Bud Light Sales Hit Hard in April Amid Dylan Mulvaney Controversy — Here Are 2 Stocks That Are Poised to Benefit
    No matter what your personal view is on celebrity endorsements, there’s no denying that their support can significantly boost the visibility of a product. That is the point after all in getting a well-known figure in some promotional activities. But what happens when the chosen celebrity happens to be the wrong fit? Well, Anheuser-Busch can tell you all about that. The Bud Light-owner decided to run a promotional push for the beer by bringing on board transgender ‘influencer’ Dylan Mulvaney, who  ( 41 min )
    Teva Pharma Crumbles After First-Quarter Earnings Miss, Flat Sales
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    EU decision clearing $69 billion Microsoft, Activision deal expected May 15, sources say
    EU antitrust regulators are set to approve Microsoft Corp's $69 billion acquisition of Activision next week, with May 15 as the likeliest date, people familiar with the matter said. The European Commission's imminent clearance comes nearly three weeks after the UK competition authority blocked the deal, the biggest-ever deal in gaming, over concerns it would hinder competition in cloud gaming. The EU antitrust enforcer is expected to clear the acquisition after Microsoft agreed to licensing deals with cloud streaming rivals including Nvidia, Ukraine's Boosteroid and Japan's Ubitus, other people with direct knowledge of the matter told Reuters in March.  ( 38 min )
    Ask an Advisor: ‘I Am Giving Away 25% of My Return.' Why Does a Financial Advisor Earn a 1% Fee, Even in a Bear Market?
    Why does a financial advisor get a fee of 1% or more? That seems really high. If my return is only 4% (for example, in dividends), I am giving away 25% of my return, which is even worse with a … Continue reading → The post Ask an Advisor: ‘I Am Giving Away 25% of My Return.' Why Does a Financial Advisor Earn a 1% Fee, Even in a Bear Market? appeared first on SmartAsset Blog.  ( 41 min )
    Schwab: Do To Potentially Double Your Retirement Savings
    After beginning the year at record levels, global events have caused market volatility to jump and equities to fall. The S&P 500 Index is experiencing its first major correction since 2020, so investors are understandably looking to safeguard their assets. … Continue reading → The post Schwab Says This Can Double Your Retirement Savings appeared first on SmartAsset Blog.  ( 39 min )
    How Can I Make the Most Money Off a $40,000 Investment?
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    Paramount didn't follow Warren Buffett's advice: Morning Brief
    It may be a short time in this one media stock for the Oracle of Omaha.  ( 40 min )
    Do You & Your Partner Have Above Average Retirement Savings For Your Age?
    A recent study from the career experts Zety says that 40% of respondents fear retirement more than death. And almost nine in 10 responded that their biggest retirement fear is not having enough income. For married couples, planning retirement for two people can … Continue reading → The post Average Retirement Savings for Married Couples By Age appeared first on SmartAsset Blog.  ( 40 min )
    US April CPI rise gives Fed little room for pivot soon
    U.S. consumer prices increased in April on higher gasoline costs and rents, while underlying inflation remained strong as used motor vehicle prices rebounded, potentially ensuring that the Federal Reserve keeps interest rates elevated for a while. The Consumer Price Index (CPI) rose 0.4% last month after gaining 0.1% in March, the Labor Department said on Wednesday. In the 12 months through April, the CPI increased 4.9% after advancing 5.0% on a year-on-year basis in March.  ( 38 min )
    Inflation: Consumer prices in April rise at slowest annual rate in 2 years
    A closely-watched report on US inflation showed that consumer prices remained elevated last month, but cooled slightly compared to March's annual gain.  ( 37 min )
    Ford Introduces a New Gas-Powered Truck Aimed at Global Dominance
    The all-new Ranger pickup will help Ford extend its leadership in the lucrative truck segment around the world.  ( 22 min )
    Twilio Stock Sinks. Guidance Is ‘Tough Pill to Swallow.’
    Twilio expects second-quarter revenue of between $980 million and $990 million, which is below analysts' expectations.  ( 22 min )
    Icahn Enterprises shares slide on surprise quarterly loss
    Carl Icahn's investment firm Icahn Enterprises LP on Wednesday reported a quarterly loss as volatility in markets hit investment returns. Net loss attributable to Icahn Enterprises was $270 million, or 75 cents per depositary unit, for the quarter ended March 31, compared with a profit of $323 million, or $1.06 per depositary unit, a year earlier.  ( 38 min )
    Is Tesla Stock A Buy Or A Sell Right Now With This Biden Law An 'Insurance Policy' For Investors
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    AI lending firm Upstart jumps as $2 billion funding squeezes bears
    The San Mateo, California-based company, which uses AI to verify and process loans quickly, said it would receive the capital from new and existing partners over the next 12 months, helping the firm navigate an economic slowdown. A sharp drop in demand for new loans because of high interest rates and fears of a slowdown has hammered shares of Upstart, erasing 82% of their value in the past 12 months.  ( 39 min )
    Lululemon, A Warren Buffett Favorite, Expected To See Profits Soar 100%
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    8 'Pure' Growth Stocks Are Stealthily Making Investors Rich Fast
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    Stock futures edge down as key CPI data looms: Stock market news today
    Wednesday's CPI report is  ( 40 min )
    Analyst Report: Parker-Hannifin Corp.
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    Analyst Report: PayPal Holdings Inc
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    Technical Assessment: Bearish in the Intermediate-Term
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    CTI BioPharma Stock Soars After Agreeing to $1.7 Billion Sale. Biotech Deals Keep Coming.
    Swedish Orphan Biovitrum will buy CTI for $9.10 a share as it looks to expand its rare hematology portfolio.  ( 22 min )
    Financial Advisors Reveal How Investors Should Prepare for Potential U.S. Debt Default – 2023 Survey
    If Congress doesn't opt to raise or extend the nation's debt limit, the United States may run out of the money needed to pay its bills. With this deadline approaching as early as June 1, SmartAsset asked financial advisors what they think … Continue reading → The post Financial Advisors Reveal How Investors Should Prepare for Potential U.S. Debt Default – 2023 Survey appeared first on SmartAsset Blog.  ( 39 min )
    Daily – Vickers Top Buyers & Sellers for 05/10/2023
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    Daily – Vickers Top Insider Picks for 05/10/2023
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    $10.6 Billion Lithium Deal to Create World’s No. 3 Producer
    (Bloomberg) -- Allkem Ltd. will combine with fellow lithium producer Livent Corp. to create a company with a valuation of $10.6 billion, the latest deal in a sector that’s benefiting from surging EV demand.Most Read from BloombergItaly Intends to Exit China Belt and Road Pact as Ties SourSteve Schwarzman Holds Off Giving Money to DeSantis After Meeting HimTrump Liable for Sex Abuse, Must Pay $5 Million to CarrollVanguard’s Trillion-Dollar Man Leads a Fixed-Income RevolutionGeorge Santos Faces Cr  ( 40 min )
    US airlines thrown a curveball as consumer habits change post-pandemic
    Shifting travel patterns by consumers in a post-pandemic world are forcing airlines to guess at what is the "new normal" as they seek to adjust by cutting flights, revamping networks and packing even more passengers into planes. Citi analyst Stephen Trent said. Travel demand has also softened on days in the middle of the week, but has strengthened on peak days.  ( 40 min )
    Exclusive-Chevron aims to boost Venezuela oil output to accelerate debt recovery -sources
    Chevron Corp's renewed oil operations in Venezuela begin a new phase next month that will boost production with the goal of accelerating a plan to recover all of the $3 billion of debt owed by the OPEC member by the end of 2025, four people close to the matter said. Washington in November issued a six-month, automatically renewing license to the U.S. oil company to revive largely dormant operations in Venezuela and resume crude exports to the U.S. under an exemption to sanctions on the South American country. To back up its license application, Chevron last year signed an oil-for-debt swap with Venezuela's state-run PDVSA.  ( 40 min )
    UPDATE 2-Australia's Allkem, Livent to merge into $10.6 bln lithium giant
    Australian lithium miner Allkem Ltd has inked an agreement to acquire U.S.-based chemical manufacturing firm Livent Corp in a deal that will create a $10.6 billion entity, the two companies announced on Wednesday. Following the transaction, Allkem will own 56% of the new firm, with the remaining stake going to Livent. Allkem shareholders are set to receive the right to one share of a new public holding company for each existing Allkem share, while Livent shareholders will receive 2.406 shares in the new firm for each existing Livent share.  ( 39 min )
    Upstart Stock Soars. The Beaten-Down AI Company Delivers an Outlook Surprise.
    Upstart forecasts revenue and adjusted earnings for the second quarter ahead of analysts' expectations. The company also says it secured long-term funding agreements.  ( 22 min )
    China Names Li Top Financial Regulator in Surprise Move
    (Bloomberg) -- China picked a little-known local government official as the nation’s top regulator overseeing the $61 trillion financial sector, in a surprise move after President Xi Jinping unveiled the biggest overhaul of the nation’s bureaucracy in decades.Most Read from BloombergSteve Schwarzman Holds Off Giving Money to DeSantis After Meeting HimTrump Liable for Sex Abuse, Must Pay $5 Million to CarrollVanguard’s Trillion-Dollar Man Leads a Fixed-Income RevolutionItaly Intends to Exit China  ( 39 min )
    These Stocks Are Moving the Most Today: Upstart, Twilio, Airbnb, Rivian, Affirm, and More Stock Market Movers
    Upstart stock surges after an upbeat outlook and progress on funding, Twilio's revenue forecast misses analysts' expectations, and Airbnb tumbles on cautious second-quarter guidance.  ( 23 min )
    Sweden’s Sobi to Buy CTI Biopharma for $1.7 Billion
    (Bloomberg) -- Swedish Orphan Biovitrum AB has agreed to buy bio-pharmaceutical company CTI BioPharma Corp. in a deal valued at $1.7 billion.Most Read from BloombergVanguard’s Trillion-Dollar Man Leads a Fixed-Income RevolutionTrump Liable for Sex Abuse, Must Pay $5 Million to CarrollSteve Schwarzman Holds Off Giving Money to DeSantis After Meeting HimItaly Intends to Exit China Belt and Road Pact as Relations SourGeorge Santos Faces Criminal Charges by US Justice DepartmentSobi will acquire all  ( 39 min )
    China and US debt woes may dominate G7 finance chiefs' talks
    China will be the elephant in the room at this week's meeting of Group of Seven (G7) finance leaders, who will seek to diversify supply chains away from the country -- but also try to get Beijing's cooperation in solving global debt problems. The conflicting goals come on top of vulnerabilities the G7 rich democracies face due to their heavily reliance on China, which is the world's second-largest economy and the second biggest external holder of U.S. debt. The heightening risk of a U.S. debt default, which could jolt financial markets already jittery after recent bank failures, will overshadow the three-day meeting kicking off on Thursday in the Japanese city of Niigata.  ( 39 min )
    Worried About the Debt Ceiling? Three Ways to Protect Your Portfolio
    History shows that utilities and other defensive sectors fare best. And investors can scoop up attractive yields on short-term Treasuries.  ( 22 min )
    Stocks will drop as the economy is either about to enter a recession or the Fed is poised to keep rates higher for longer, Morgan Stanley CIO says
    Morgan Stanley has previously warned of the worst earnings recession since 2008 to hit stocks, which could send the S&P 500 tumbling by mid-year.  ( 39 min )
    Alibaba, JD.com Earnings Will Likely Give Stocks Little Help
    (Bloomberg) -- Hopes for a much-needed boost in Chinese tech shares from earnings is likely to fizzle as signs grow that the the nation’s post Covid recovery is losing steam.Most Read from BloombergVanguard’s Trillion-Dollar Man Leads a Fixed-Income RevolutionTrump Liable for Sex Abuse, Must Pay $5 Million to CarrollSteve Schwarzman Holds Off Giving Money to DeSantis After Meeting HimItaly Intends to Exit China Belt and Road Pact as Relations SourGeorge Santos Faces Criminal Charges by US Justic  ( 40 min )
    Oil falls on surprise increase to U.S. inventories
    Oil prices fell on Wednesday, ending a three-day rally, as an unexpected rise in U.S. oil inventories sparked demand concerns and investors awaited U.S. inflation data to gauge the next rate decision in the top oil consuming nation. Brent crude dropped 69 cents, or 0.9%, to $76.75 a barrel at 0643 GMT, while U.S. West Texas Intermediate (WTI) crude fell 67 cents, or 0.9%, to $73.04. In a possible sign of weakening demand, U.S. crude inventories rose by about 3.6 million barrels in the week ended May 5, while gasoline stockpiles rose by 399,000 barrels, the American Petroleum Institute reported on Tuesday according to market sources.  ( 39 min )
    Coupang’s Sales Beat Estimates After Big Spending Pays Off
    (Bloomberg) -- Coupang Inc., the South Korean e-commerce giant backed by SoftBank Group Corp., reported better-than-expected revenue growth after spending to expand and lock in customer demand during an online shopping slowdown. Most Read from BloombergVanguard’s Trillion-Dollar Man Leads a Fixed-Income RevolutionTrump Liable for Sex Abuse, Must Pay $5 Million to CarrollItaly Intends to Exit China Belt and Road Pact as Relations SourSteve Schwarzman Holds Off Giving Money to DeSantis After Meeti  ( 40 min )
  • Open

    Drukte op vliegvelden groter dan voor corona, maar niet op Schiphol
    Drie van de vijf grootste vliegvelden in Nederland hebben vorig kwartaal meer reizigers dan voor de coronacrisis verwerkt, maar dat gold niet voor Schiphol. Daar bleven de aantallen achter doordat moest worden gesneden in het aantal vluchten vanwege personeelstekorten. Dat blijkt uit cijfers van statistiekbureau CBS.  ( 4 min )
    2,2 miljoen Nederlanders werden vorig jaar slachtoffer van online criminaliteit
    Vorig jaar zijn 2,2 miljoen Nederlanders het slachtoffer geworden van online criminaliteit, meldt Statistiekbureau CBS donderdag. Oplichting en fraude kwamen het vaakst voor. Maar er werden ook veel mensen het slachtoffer van hacken, bedreiging en intimidatie.  ( 3 min )
    Flitsbezorgers zijn in Amsterdam alleen nog welkom op bedrijventerreinen
    Flitsbezorgers mogen zich in Amsterdam alleen nog maar vestigen op bedrijventerreinen en niet meer in woongebieden. De gemeenteraad stemde woensdag in met een bestemmingsplan daarover.  ( 4 min )
    Starter wint terrein op huizenmarkt doordat belegger zich terugtrekt
    Starters kochten in de eerste drie maanden van dit jaar meer woningen dan een jaar eerder. Vooral in de grote steden wisten jonge huizenkopers terrein te winnen. Dat blijkt uit cijfers van het Kadaster.  ( 5 min )
    Voor het eerst een vouwbare telefoon van Google: de Pixel Fold
    Google heeft woensdag voor het eerst een eigen vouwbare telefoon gepresenteerd. De Pixel Fold vouwt open als een boek en kost 1.899 euro. Ook de smartphone Pixel 7A werd gepresenteerd.  ( 5 min )
    Google kondigt grootse plannen aan voor AI in de zoekmachine
    Google heeft woensdag eindelijk bekendgemaakt welke plannen het bedrijf heeft met kunstmatige intelligentie (AI). Zo komen er grote veranderingen voor de zoekmachine, wordt de chatbot Bard beschikbaar voor iedereen en krijgen bestaande diensten zoals Gmail en Maps nieuwe AI-functies.  ( 4 min )
    Uitstel bijna gratis kinderopvang leidt volgens minister niet tot afstel
    De plannen van het kabinet voor een nieuw systeem voor bijna gratis kinderopvang zullen niet veranderen, ook al wordt de invoer ervan met twee jaar uitgesteld. Ook betekent het geen afstel. Dat drukte minister Karien van Gennip (Sociale Zaken) bezorgde Kamerleden woensdag op het hart tijdens een Kamerdebat.  ( 3 min )
    Stapje dichter bij Europese AI-wet, akkoord komt pas in 2024
    Hoe houden we kunstmatige intelligentie (AI) onder controle? In Brussel wordt al twee jaar gewerkt aan regels die het gebruik van AI in goede banen moeten leiden. Maar het duurt nog even voordat de richtlijnen er zijn, terwijl de ontwikkelingen elkaar in rap tempo opvolgen.  ( 7 min )
    Heineken ontloopt dwangsom voor blikjes zonder statiegeld
    Heineken kreeg vorige maand een dwangsom opgelegd omdat het nog blikjes produceerde zonder statiegeld erop. Maar omdat de bierbrouwer zijn productieproces snel aanpaste, hoeft het die dwangsom niet te betalen, meldt inspectiedienst ILT.  ( 3 min )
    Eierkartel aangepakt: boeren kregen te weinig door prijsafspraken inkopers
    Drie bedrijven die eiproducten produceren maakten verboden prijsafspraken en kochten zo hun eieren jarenlang extra goedkoop in. Daar zijn kippenboeren de dupe van geweest. De inkopers krijgen nu boetes van toezichthouder ACM (Autoriteit Consument & Markt).  ( 3 min )
    Slapen in een echt bed bij vluchten van Nieuw-Zeelandse luchtvaartmaatschappij
    Vanaf september 2024 is het mogelijk om in een echt bed te slapen tijdens een lange vliegreis. Luchtvaartmaatschappij Air New Zealand biedt volgend jaar stapelbedden aan waarin passagiers een gedeelte van de vlucht kunnen slapen.  ( 3 min )
    Recordwinst voor Amerikaanse banken ondanks onrust en faillissementen
    Amerikaanse banken hebben in de eerste drie maanden van dit jaar samen 80 miljard dollar (73 miljard euro) winst gemaakt. Dat is een derde meer dan vorig jaar en tevens een record. Dat terwijl er veel onrust in de sector was en inmiddels zelfs drie banken zijn omgevallen.  ( 4 min )
    Aantal aangetroffen websites met ernstig kindermisbruik in twee jaar verdubbeld
    Onderzoekers hebben vorig jaar 51.369 websites met de ernstigste vorm van kindermisbruik gevonden. Dat is een verdubbeling in vergelijking met 2020. Bijna een derde van deze websites staat op Nederlandse servers.  ( 4 min )
    Supermarkten bijten van zich af: 'Er is absoluut geen sprake van graaiflatie'
    Albert Heijn-moederbedrijf Ahold Delhaize zal de prijzen van verschillende producten in de winkels in ons land zo snel mogelijk verlagen als dat mogelijk is. Dirk van den Broek heeft de prijzen van meer dan tweehonderd producten zelfs verlaagd en bevroren.  ( 5 min )
    EU-commissie maakte fouten bij goedkeuring geldinjectie Lufthansa
    De Europese Commissie heeft fouten gemaakt toen ze de financiële steun goedkeurde voor luchtvaartmaatschappij Lufthansa door de Duitse regering. Dat verklaart het Europees Hof van Justitie woensdag.  ( 3 min )
    Aantal aangetroffen websites met ernstig kindermisbruik in twee jaar tijd verdubbeld
    Onderzoekers hebben vorig jaar 51.369 websites met de ernstigste vorm van kindermisbruik gevonden. Dat is een verdubbeling in vergelijking met 2020. Bijna een derde van deze websites staat op Nederlandse servers.  ( 4 min )
    Ahold Delhaize verkoopt meer, maar heeft ook last van hoge kosten en stakingen
    Ahold Delhaize heeft de verkopen in het afgelopen kwartaal zien stijgen. Wel kampt het supermarktconcern met gestegen bedrijfskosten en stakingen.  ( 3 min )
    ABN AMRO boekt ondanks bankenonrust fors meer winst
    ABN AMRO heeft afgelopen kwartaal geen last gehad van de onrust op de financiële markten. De bank boekte in de eerste drie maanden van dit jaar een forse winst en profiteerde van de opgelopen rente. Daardoor lukte het hogere marges te pakken op spaargeld dat bij de bank werd gestald.  ( 3 min )
    Turken naar de stembus terwijl prijzen de pan uit rijzen
    Turkije maakt zich op voor mogelijk de cruciaalste verkiezingen sinds de stichting van de republiek honderd jaar geleden. Het land kampt ondertussen met een torenhoge inflatie en tegenvallende economische groei. Het is de vraag of het onorthodoxe beleid van de Turkse president Recep Tayyip Erdogan vruchten afwerpt.  ( 5 min )
  • Open

    Shares in Icahn Enterprises Drop 20% After Federal Investigation Confirmed
    Icahn Enterprises confirmed federal investigation, sending shares down 20%  ( 1 min )
    5 Things to Know Before Markets Open
    The Labor Department will release its latest update on consumer inflation and Google will introduce new artificial intelligence technology at its developer conference. Here’s what investors need to know today.  ( 1 min )
    Equities Fall With Focus on Inflation, Debt Ceiling
    Markets fell on May 9, 2023, as discussions over lifting the U.S. debt ceiling took place and ahead of fresh inflation numbers.  ( 1 min )
  • Open

    Top Cannabis Stocks for May 2023
    Cresco Labs, SNDL, and Green Thumb Industries top peers for best value, fastest growth, and best performance, respectively.  ( 1 min )

  • Open

    Earnings Before Interest and Taxes (EBIT): Formula and Example
    Earnings before interest and taxes (EBIT) indicate a company's profitability and are calculated as revenue minus expenses, excluding taxes and interest expenses.  ( 25 min )
    Equities Fall With Focus on Inflation, Debt Ceiling
    Markets fell on May 9, 2023, as discussions over lifting the U.S. debt ceiling took place and ahead of fresh inflation numbers.  ( 16 min )
    Dow Jones Today: Index Falls Ahead of Inflation Report
    Intel leads the Dow lower with layoff announcements, but Boeing’s big deal provides promise for more production from the aircraft maker.  ( 17 min )
    Top CD Rates Today, May 9
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 17 min )
    Homebuyers' Confidence Improved in April by the Most in Two Years
    American homebuyer confidence rose by the most in two years this April, according to Fannie Mae data, as many would-be buyers expect mortgage rates to decline over the next year.  ( 17 min )
    Microsoft, Goldman, Cboe Team Up For Blockchain For Institutional Crypto Assets
    Goldman Sachs, Deloitte, Cboe Global Markets, Microsoft (MSFT) and fintech firm Digital Asset have teamed up to create a blockchain network for institutional crypto assets.  ( 17 min )
    Today's Mortgage Rates & Trends - May 9, 2023: Rates Climb
    Most mortgage averages moved moderately higher, with the 30-year average again flirting with the 7% threshold, and jumbo 30-year rates jumping to a 12-year peak.  ( 19 min )
    Fully Indexed Interest Rate Definition
    A fully indexed interest rate is defined as an adjustable interest rate which is pegged at a set margin above some reference rate, such as LIBOR.  ( 20 min )
    How Do I Calculate Convexity in Excel?
    Learn how to approximate the effective convexity of bonds using Microsoft Excel with a modified and simpler version of the standard convexity formula.  ( 18 min )
    Bittrex Files for Bankruptcy After Ending US Operations
    Crypto exchange seeks Chapter 11 protection after losing half its active users in wake of shutdown of U.S. operations.  ( 17 min )
    SEC Form DEFM14A
    SEC Form DEFM14A is a form filed with the SEC by a registrant when a shareholder vote is required on an issue related to a merger or acquisition.  ( 19 min )
    Transfer Agents: Definition, What They Do, Example, Benefits
    A transfer agent keeps records of who owns a publicly traded company's stocks and bonds. They also ensure investors receive dividends on time.  ( 24 min )
    Why Do Brokers Ask for Personal Information?
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    Sam Bankman-Fried Says He's Painted "Villain" Amid FTX-Government Collusion
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    Intermarket Spread Definition
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    5 Vital Questions Advisors Should Ask New Clients
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    DPPs: What Advisors and Investors Need to Know
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    Form 4506, Request for Copy of Tax Return: Definition and Filing
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    How Do I Use the Rule of 72 to Calculate Continuous Compounding?
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    When to Declare Bankruptcy
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    How to Join a Credit Union
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    How to Choose the Right Real Estate Broker
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    How to Get a Student Loan Co-signer Release
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    How to Pay for Grad School: Financing Options
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    Fabless Company Definition
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    Top Dividend Stocks for May 2023
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    5 Things to Know Before Markets Open
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    How To Get a Job at the SEC
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  • Open

    Treasury debt advisers warn of 'seismic' impact from U.S. debt payment delays
    WASHINGTON (Reuters) -Wall Street executives who have advised the U.S. Treasury's debt operations for the past 25 years warned on Tuesday they are "deeply concerned" about the debt limit impasse that has markets worried about a U.S. default on payment obligations. The 18 current and former chairs and vice chairs of the Treasury Borrowing Advisory Committee (TBAC) since 1998 said in a letter to Treasury Secretary Janet Yellen, "Any delay in making an interest or principal payment by Treasury would be an event of seismic proportions, not only for financial markets but also the real economy." The advisers said the standoff between Republicans and Democrats in Congress and the White House has already raised taxpayer borrowing costs through weak Treasury auctions and high yields for short-dated Treasury Bills, while ratings agencies are already publishing analyses of potential U.S. ratings downgrades.  ( 38 min )
    Plug Power's Andy Marsh focused on hitting $1.4 billion revenue goal this year
    "This year, our focus really is to execute," Plug Power chief executive Andy Marsh told analysts Tuesday. "Our primary goal is to achieve revenue of $1.4 billion."  ( 14 min )
    Affirm Beats Expectations. Shares Still Tumble.
    The 'buy now, pay later' company posted a loss of $205.7 million, or 69 cents a share, for the quarter, topping expectations by analysts surveyed by FactSet.  ( 25 min )
    Warren Buffett on pain in commercial real estate amid tightening credit: ‘Too bad’
    Bay Area bankers are pulling in the reins on lending, some even before the March 10th collapse of Silicon Valley Bank  ( 15 min )
    Li Auto Earnings: Fast-Growing Tesla Rival To Almost Double Revenue
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    Occidental Buys Back 6.5% of Warren Buffett’s Preferred Stock
    (Bloomberg) -- Occidental Petroleum Corp. redeemed $647 million, or about 6.5%, of Berkshire Hathaway Inc.’s preferred stock as the oil company begins paying back Warren Buffett four years after he helped finance its acquisition of Anadarko Petroleum Corp. Most Read from BloombergVanguard’s Trillion-Dollar Man Leads a Fixed-Income RevolutionTrump Liable for Sex Abuse, Must Pay $5 Million to CarrollSteve Schwarzman Holds Off Giving Money to DeSantis After Meeting HimItaly Intends to Exit China Be  ( 39 min )
    Warren Buffett Stock Occidental Petroleum Misses Q1 Estimates As Profits Slide 48%
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    What's Going On With NVIDIA Stock Tuesday
    Nvidia Corp (NASDAQ: NVDA) shares are trading lower Tuesday as Advanced Micro Devices, Inc (NASDAQ: AMD) shared plans to showcase its growth strategy and expanding product portfolio and capabilities for data center and AI at a June 13 livestreaming event. AMD Chair and CEO Dr. Lisa Su will detail new products and momentum across data center, AI, adaptive, and high-performance computing solutions. Also, Monday reports suggested that U.S. sanctions compelled the Chinese firms, including Alibaba Gr  ( 38 min )
    Despite An Another Bad Update, Intel Still Believes It Can Uplevel Its Chip Game
    Just a few weeks after reporting its fifth consecutive quarter of falling sales and the second consecutive quarter of losses which was also the largest loss in its history, Intel Corporation (NASDAQ: INTC) is the latest to announce a new round of job cuts, joining Meta Platforms (NASDAQ: META), Alphabet Inc (NASDAQ: GOOG)(GOOGL) and other tech giants who took a hit to their bottom lines and also opted to trim their workforce in response to poor macroeconomic conditions. But, Intel still believes  ( 40 min )
    The Fed (Maybe) Finishes Hiking Rates
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    Dutch Bros 1Q Sales Surge 30%, Company Reaffirms 2023 Guidance
    By Exec Edge Editorial Staff Dutch Bros Inc. (NYSE: BROS) coffee chain reported a 30% rise in first quarter sales and reiterated its full-year guidance. Joth Ricci, Chief Executive Officer of Dutch Bros, stated, “We also saw meaningful margin expansion, driven by significant improvements in labor efficiency and G&A leverage. We doubled down in our […]  ( 38 min )
    Rivian’s Earnings Fell Short. The Stock Is Rising.
    Tuesday evening, Rivian reported a per-share loss of $1.77 from $661 million in sales. Wall Street was looking for a loss of $1.62 a share from about $664 million in sales.  ( 22 min )
    Akamai Stock Rises on Strong Results, as Security And Cloud Units Grow
    Akamai's first-quarter results topped guidance, and the second-quarter outlook topped previous Wall Street estimates.  ( 22 min )
    UPDATE 1-Occidental Petroleum misses quarterly profit estimates
    Oil and gas producer Occidental Petroleum Corp's first-quarter profit missed analysts' estimates on Tuesday, as oil prices eased amid concerns of a slowdown in global economic growth. Global oil prices pulled back during the reported quarter from the peaks reached last year following Russia's invasion of Ukraine. Brent crude averaged $81.24 a barrel in the first three months of 2023, 20% lower than year-ago levels as concerns rose over the health of the global economy amid the recent banking crisis in the U.S. and China's weaker-than-estimated economic recovery.  ( 38 min )
    Exact Sciences Posts Its 11th Consecutive Sales Beat As It Targets 'The Most Preventable' Cancer
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    Occidental Petroleum quarterly earnings down 48%, misses estimates
    Oil and gas producer Occidental Petroleum Corp's first-quarter profit missed analysts' estimates on Tuesday, as oil prices eased amid concerns of a slowdown in global economic growth The Houston-based company posted adjusted earnings of $1.09 per share for the quarter, compared with analysts' estimates of $1.24 per share, according to Refinitiv data.  ( 38 min )
    Stocks Will Rally If Inflation Data Is Soft, Goldman and JPMorgan Say
    (Bloomberg) -- In a market where conflicting views abound, two major Wall Street trading desks agree on one thing: US stocks will rally on any soft inflation print Wednesday that could pave the way for the Federal Reserve to halt its tightening campaign.Most Read from BloombergVanguard’s Trillion-Dollar Man Leads a Fixed-Income RevolutionGoldman to Pay $215 Million to End Case on Underpaying WomenTrump Liable for Sex Abuse, Must Pay $5 Million to CarrollItaly Intends to Exit China Belt and Road  ( 40 min )
    Rivian quarterly revenue beats estimates on higher-priced EV sales
    The company expects production ramp up of its in-house Enduro powertrains to help offset parts supply issues in the second half of the year, enabling it to meet its smaller-than-estimated target of manufacturing 50,000 units. Tesla Inc has cut prices globally this year as part of its recession playbook to increase sales volumes, pressuring smaller EV players that started deliveries just about a year ago. Amazon-backed Rivian said in March it would sell $1.3 billion in convertible green bonds due in 2029 to shore up its cash balance.  ( 38 min )
    Airbnb earnings: Stock tanks 9% after bookings miss
    Airbnb is set to report earnings Tuesday.  ( 39 min )
    Shaq tries to dismiss FTX lawsuit, saying he was inadequately served court papers because they were 'tossed' at his moving car
    The basketball star was served last month after a three-month chase, according to tweets from the law firm involved in the case.  ( 38 min )
    What's Going On With AMD Stock Tuesday
    Advanced Micro Devices, Inc (NASDAQ: AMD) shares are trading lower Tuesday as it shared plans to showcase its growth strategy and expand product portfolio and capabilities for data center and AI at a June 13 livestream event. AMD Chair and CEO Dr. Lisa Su will join other AMD executives and key customers to detail new products and momentum across data center, AI, adaptive, and high-performance computing solutions. Recent reports claimed Microsoft Corp (NASDAQ: MSFT) denied a partnership with the  ( 38 min )
    Dow Jones Flat As McCarthy Makes Debt Ceiling Pledge. Palantir Stock Rockets On AI Claim.
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    PayPal tumbles 12%, eyes lowest close since 2017
    The stock, last trading at $66.45, was set to record its lowest closing price since October 2017. PayPal late on Monday estimated adjusted operating margin expansion of 100 basis points this year, compared with its earlier forecast of 125-basis-point growth. PayPal said in January it was cutting 7% of its workforce, or about 2,000 employees, joining several technology companies that have eliminated thousands of jobs this year.  ( 38 min )
    AMD Shares Attract Big Money Support
    Advanced Micro Devices, Inc. (AMD) keep pressing higher in 2023, jumping 47%. One chart tells the story: big appetite for the shares.  ( 39 min )
    Judge dismisses lawsuit over Block's 'terrible' purchase of Jay-Z's Tidal
    A Delaware judge on Tuesday dismissed a shareholder class action seeking to hold Jack Dorsey and other board members at Block Inc liable for approving the payments company's purchase of Jay-Z's streaming service Tidal. Chancellor Kathaleen McCormick in Delaware Chancery Court said the Florida pension fund leading the case did not show that Block's directors acted in bad faith though the purchase it "seemed, by all accounts, a terrible business decision." Once known as Square, Block agreed in March 2021 to pay $306 million for an 87.5% stake in Tidal.  ( 39 min )
    Quiet quitting hits the housing market: Tight inventory and still-high mortgage rates keep would-be buyers sidelined
    Insider's Phil Rosen dives into the housing market and what declining new home listing means for buyers and sellers.  ( 39 min )
    Load up on Treasury bills for their juicy yields because the debt-limit standoff will likely be resolved, billionaire bond king Bill Gross says
    Yields on one- and two-month US Treasurys have spiked recently, with Congress struggling to end the debt-ceiling deadlock.  ( 38 min )
    The 60/40 Portfolio: Alive, Dead or Somewhere In Between?
    The 60/40 portfolio is a staple among savvy investors. Made up of 60% stocks and 40% bonds, it tends to deliver solid returns while attenuating risk. But after the 60/40 portfolio's dismal 2022 returns, investors can't be blamed if they're … Continue reading → The post The 60/40 Portfolio: Alive, Dead or Somewhere In Between? appeared first on SmartAsset Blog.  ( 39 min )
    Analyst Report: Carrier Global Corp
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    Analyst Report: CVS Health Corp
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    Analyst Report: Hartford Finl Servs Grp Inc
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    Analyst Report: Weyerhaeuser Co.
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    Analyst Report: Aptiv PLC
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    Analyst Report: Gentherm Inc
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    PayPal Stock Is Sliding. Why Analysts Are Sticking With the Company After Earnings.
    The payments company expects Braintree, its unbranded payment-processing business, to drive more growth.  ( 22 min )
    Market Update: THRM, CVS, HIG, PWR, WDC, WY, APTV, CARR
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    Oil Pares Losses After US Cancels SPR Sales, Plans Replenishment
    (Bloomberg) -- Oil pared losses after the Biden administration announced it was canceling some 140 million barrels of previously mandated sales and would begin replenishing strategic reserves later this year.Most Read from BloombergVanguard’s Trillion-Dollar Man Leads a Fixed-Income RevolutionGoldman to Pay $215 Million to End Case on Underpaying WomenItaly Intends to Exit China Belt and Road Pact as Relations SourWorld’s Biggest Pulp Producer Considers Trading With China in YuanStocks Bogged Do  ( 38 min )
    Ask an Advisor: I Want to Give Money to My Son and Daughter-in-Law. How Much Money Can I Give Away Without ‘Incurring a Tax Issue With the IRS?'
    How much money can I give to my son and daughter-in-law without incurring a tax issue with the IRS? -Irwin For 2023, you can give your son and daughter-in-law each $17,000 without having to deal with the IRS. But even … Continue reading → The post Ask an Advisor: I Want to Give Money to My Son and Daughter-in-Law. How Much Money Can I Give Away Without ‘Incurring a Tax Issue With the IRS?' appeared first on SmartAsset Blog.  ( 41 min )
    PayPal, IBM turn to A.I. to cut costs
    PayPal’s A.I. pitch hits at the core of the current moment in the tech industry, with layoffs mounting and one of the sector’s largest players, Meta Platforms, touting a "Year of Efficiency.”  ( 40 min )
    PayPal Stock Falls on Disappointing Margin Outlook
    PayPal stock, down more than 11% in midday trading, was weighing on the Nasdaq Composite Tuesday. PayPal (ticker: PYPL) reported first-quarter sales and earnings per share that beat expectations, but the company said that its profit margin will expand at a slower pace than previously expected. That  ( 22 min )
    Rivian’s Results Are Today. Expect the Stock to Move at Least 10%.
    Cash usage, production, and demand will be in focus. The first-quarter earnings season for electric-vehicle start-ups has been downbeat so far.  ( 22 min )
    Plug Power Posts Dismal Q1. High Hydrogen Costs Are To Blame.
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    Rivian earnings: Here’s what to expect after the bell
    Rivian will be the next pure-play electric vehicle maker on the earnings docket when it reports Q1 financial results after the bell on Tuesday. With rivals Lucid and Fisker weighing on the sector today, investors will be hoping Rivian can deliver some good news for the cash-intensive, and struggling sector.  ( 39 min )
    Amazon paying some customers $10 to pick up their purchase rather than have it delivered
    Online retailer looks to cut delivery costs.  ( 39 min )
    CPI preview: Inflation expected to remain elevated in April as rate hike risks loom
    Investors will turn their attention to critical data that will help determine the future of Federal Reserve policy: the April inflation report.  ( 39 min )
    Apple May Be Bigger But Aramco’s Soaring Dividend Is Unmatched
    (Bloomberg) -- Saudi Aramco already shells out a dividend that’s worth more than payouts from the next five largest global payers combined. That gap is now set to widen.The firm’s payouts to the Saudi government and other investors — $75.8 billion last year and the highest of any listed firm — could increase by more than $20 billion in 2023, according to Bloomberg Intelligence. That extra payout alone would be equivalent to Microsoft Corp.’s estimated annual dividend. And while Apple Inc. may be  ( 38 min )
    ‘Lithium Batteries Are the New Oil,’ According to Elon Musk — Here Are 2 Stocks Under $10 to Take Advantage
    Not so long ago, those keeping a tab on the trends of the 21st century had touted data as ‘the new oil.’ But now, Elon Musk has presented an alternative perspective, stating that lithium batteries should be considered as ‘the new oil.’ In fact, taking the analogy to its logical conclusion, on Monday, Musk was in oil-rich Texas to break ground on a lithium refinery Tesla intends to construct in Corpus Christi. The EV leader plans on splashing out $375 million on the facility so it can produce mor  ( 42 min )
    Ask an Advisor: Our Investment Portfolio Fell From $450K to $250K. Should I Cash in My Investments?
    Our investments were $450,000 and are now $250,000. How much do I lose before I cash in investments? -Liz I'm sorry that you've experienced such a significant financial loss. I know that can be stressful and scary as you wonder whether … Continue reading → The post Ask an Advisor: Our Investment Portfolio Fell From $450K to $250K. Should I Cash in My Investments? appeared first on SmartAsset Blog.  ( 40 min )
    Nikola Plans to Go in New Directions, but the Stock Is Going Down
    Nikola reported lower-than-expected sales, and the maker of electric and fuel-cell trucks announced a strategic change Tuesday morning.  ( 22 min )
    COVID-19 vaccine maker Novavax to chop workforce, expenses
    Novavax is cutting about a quarter of its workforce as the COVID-19 vaccine maker seeks to slash expenses while dealing with uncertain future revenue. The company said Tuesday that it expects to trim next year’s costs for research and development as well as selling, general and administrative expenses by about 40% to 50% compared to 2022. Novavax’s protein-based vaccine debuted long after alternatives from companies like Pfizer, Moderna and Johnson & Johnson had reached the market.  ( 39 min )
    Nikola cashes out European JV and refocuses on fuel cells at home
    Nikola will get $35 million in cash and 20.6 million of its shares from ending a joint venture with Europe’s Iveco Group, but ties remain. The post Nikola cashes out European JV and refocuses on fuel cells at home appeared first on FreightWaves.  ( 40 min )
    Novavax Stock Catapults Higher As It Scraps 25% Of Its Workforce
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    Can I Switch My Social Security Benefit to a Spousal Benefit?
    Social Security benefits can provide you with a stream of retirement income that is reliable. Deciding when to take benefits is an important question, especially if you're married and hope to qualify for spousal benefits. If you're already taking Social … Continue reading → The post Rules for Switching Social Security Benefits appeared first on SmartAsset Blog.  ( 41 min )
    Is There Anything I Can Do To Protect My Assets From Medicaid?
    Medicaid can pay for long-term care if you meet its means-testing restrictions. The federal-state program is designed to help only people of limited financial means. However, people with more substantial assets can use three different strategies to shield those assets … Continue reading → The post 3 Ways to Protect Assets from Medicaid appeared first on SmartAsset Blog.  ( 40 min )
    What Your Lifestyle Will Look Like If You Retire at 55 with $5 Million
    Let's say you want to retire early, at age 55. Is $5 million enough to achieve your goal? While the cost of living varies from place to place, a nest egg this size would likely give more than enough money for … Continue reading → The post Is $5 Million Enough to Retire at 55? appeared first on SmartAsset Blog.  ( 40 min )
    These Are Wall Street’s Most Hated Stocks. Why You Should Love Them.
    Buying the most hated stocks on Wall Street isn't always a bad idea. Here are 19 disliked stocks to consider.  ( 22 min )
    Markets brace for potential debt default as deadline looms
    Debt ceiling standoffs have negatively impacted markets in the past. Due to the lack of urgency, they don’t usually weigh on stocks until the projected default day is within two weeks, according to Bank of America.  ( 40 min )
    What a U.S. Default Would Mean for Your Money-Market Fund
    The funds aren’t completely risk-free right now because Congress hasn’t raised or suspended the nation's roughly $31 trillion debt ceiling.  ( 25 min )
    Plug Power Stock Drops as Hydrogen Prices Hit Results
    The hydrogen fuel-cell technology company lost 35 cents a share in the first quarter, while Wall Street had expected a loss of 26 cents.  ( 22 min )
    Nikola to pause truck production after posting bigger quarterly loss
    Investors have focused at cash reserves at Nikola and other EV makers amid fears that slowing sales could push the companies to pursue more share sales to raise funds. "At the end of May, we plan to pause truck production as we convert the line to accommodate both hydrogen fuel cell and battery electric trucks on the same line and will resume production in July with the first saleable hydrogen fuel cell trucks," Nikola said.  ( 38 min )
    EVgo Sales Grow Almost 230%. The Stock Drops Anyway.
    The electric-vehicle charging company lost 18 cents a share from $25.3 million in sales. Wall Street expected a 19-cent loss from $27.3 million in sales.  ( 25 min )
    16 Stocks Run Circles Around Warren Buffett Over The Long Haul
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    Under Armour Beat Earnings Estimates. Why the Stock Is Falling Anyway.
    The sportswear company reported fiscal fourth-quarter earnings of 18 cents a share on revenue of $1.4 billion. Wall Street was looking for 15 cents on $1.36 billion.  ( 22 min )
    PacWest Resumes Selloff as Battered Regional Bank Stocks Slide
    (Bloomberg) -- PacWest Bancorp shares fell on Tuesday, leading some peers lower in early trading as the hard-hit regional bank stock resumed its decline. Most Read from BloombergGoldman to Pay $215 Million to End Case on Underpaying WomenPowell’s Bet Against Recession Looks Good — Minus the Credit Crunch and a DC StandoffTexas Mass Shooting’s Bloody Images Add to Fervor in Gun DebatePolice Raid Consulting Firm as China Starts Anti-Spy CampaignVanguard’s Trillion-Dollar Man Leads a Fixed-Income R  ( 39 min )
    Top Dividend Stocks for May 2023
    These are the Russell 3000 stocks with the highest forward dividend yield for May.  ( 24 min )
    Novavax Plans to Cut 25% of Staff. Here’s Why the Stock Is Rising.
    The Covid-19 vaccine manufacturer is aiming to sharply reduce costs as it hopes to bring new shots to the market.  ( 26 min )
    Tesla Breaks Ground on Texas Lithium Facility. Why It’s a Big Deal.
    The Texas plant will make the electric vehicles manufacturer the only North American car maker to refine its own lithium.  ( 25 min )
    Fisker Stock Falls After Production Guidance Is Cut
    Fisker expects to produce 32,000 to 36,000 vehicles in 2023, below its previous guidance.  ( 22 min )
    Daily Spotlight: Argus's Favored Classes, Segments
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    Technical Assessment: Bearish in the Intermediate-Term
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    Analyst Report: Phillips 66
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    Analyst Report: American Water Works Co. Inc.
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    Analyst Report: Trane Technologies plc
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    Analyst Report: CME Group Inc
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    Fisker cuts production forecast as challenges mount for EV startups
    The California-based company now expects between 32,000 and 36,000 units to be produced in 2023, compared with its previous target of 42,400 cars. For the second quarter, the company expects to produce between 1,400 and 1,700 vehicles.  ( 38 min )
    PacWest leads losses in regional bank stocks
    PacWest dropped 13.6%, a day after the Los Angeles-based lender's decision to cut its quarterly dividend failed to stem worries about its financial stability. The KBW Regional Banking Index had last week touched 30-month lows after the collapse of First Republic Bank and PacWest's decision to exploring strategic options. PacWest and Western Alliance, which have been at the heart of the banking selloff, saw the steepest decline in deposits in the first quarter after First Republic, according to S&P Global Market Intelligence data.  ( 39 min )
    Novavax lays off 25% of workforce, releases 2023 outlook
    The company, which had earlier flagged significant uncertainty around generating revenue for the year, said it expects total annual revenue between $1.4 billion and $1.6 billion, relying on a timely launch of its updated COVID shot. Separately, Novavax said its COVID/flu combination shot was safe and well-tolerated in a mid-stage study, sending shares of the company up 9% before the bell. Global regulators expect COVID vaccination campaigns to be conducted once a year, similar to annual flu inoculations.  ( 38 min )
    Daily – Vickers Top Insider Picks for 05/09/2023
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    PacWest Slashed Its Dividend. Other Regional Bank Payouts Look More Secure.
    PacWest's decision to slash its quarterly dividend sent shivers through lenders.  ( 23 min )
    How Disney's and DeSantis' dueling lawsuits might play out
    Walt Disney Co and Florida Governor Ron DeSantis have been embroiled in an increasingly bitter dispute, starting when the company criticized a Florida law last year, which has led to dueling lawsuits. The entertainment giant sued the Republican governor on April 26 in federal court, claiming he was "weaponizing" state government in retaliation for the company's criticism of a law that banned classroom discussion of sexuality and gender identity with younger children. The company alleged DeSantis rallied the Republican-controlled legislature to strike back at "woke Disney" and seize control of an administrative district, created in 1967, that helped Disney develop theme parks and resorts.  ( 40 min )
    UPDATE 3-Iveco to fully own venture with Nikola on electric, hydrogen trucks
    Iveco Group will buy full ownership of its joint venture with U.S. start-up Nikola Corp which develops battery electric and fuel cell heavy-duty trucks, the Italian truck maker said on Tuesday. With the move, Iveco loosens ties with troubled Nikola, after forming the joint venture in 2019 to help the Italian group, then part of CNH Industrial and a latecomer to electrification, catch up with large European rivals such as Daimler Truck and Volvo.  ( 39 min )
    PayPal Stock Falls. Its Operating Margin Growth Outlook Disappoints.
    CEO Dan Schulman said the company could see high-single-digit revenue growth.  ( 22 min )
    Futures on shaky ground after disappointing earnings forecasts
    Chip gear maker Skyworks Solutions Inc's shares tumbled 9.8% in premarket trading after projecting its current-quarter revenue and earnings short of estimates. Investors were hopeful of Skyworks' earnings following Apple Inc's strong quarterly showing on Thursday, but global smartphone sales have been suffering from weak demand. Shares of other Apple suppliers including Qualcomm and Qorvo fell 0.5% and 1.6%, respectively.  ( 39 min )
    Palantir Earnings Sent the Stock Soaring. Why Analysts Aren’t So Excited.
    The technology company's shares were set to rise almost 20% on Tuesday but Wall Street analysts see reason for caution.  ( 22 min )
    Winter gas prices 'to almost treble' as Putin's energy war intensifies - latest updates
    House prices fell 0.3pc in April, following a 0.8pc rise in March, according to a mortgage lender Halifax.  ( 37 min )
    OPEC+ Cuts Spark 75% Rout in Oil Supertanker Rates After Boom
    (Bloomberg) -- Benchmark rates for oil-carrying supertankers have collapsed by three-quarters as OPEC+ follows through on a surprise vow to slash supply to shore up prices, reducing volumes shipped across the world’s oceans.Most Read from BloombergPowell’s Bet Against Recession Looks Good — Minus the Credit Crunch and a DC StandoffGoldman to Pay $215 Million to End Case on Underpaying WomenTexas Mass Shooting’s Bloody Images Add to Fervor in Gun DebateWhy Airfares, Hotels and Cars Are Getting So  ( 39 min )
    China’s Speculative Stock Frenzy Spreads to Brokers and Media
    (Bloomberg) -- Chinese financial stocks extended their recent rally, as traders continued to bet on policy support for state-run firms to help regain momentum in a market faced with renewed growth concerns. Most Read from BloombergPowell’s Bet Against Recession Looks Good — Minus the Credit Crunch and a DC StandoffTexas Mass Shooting’s Bloody Images Add to Fervor in Gun DebateWhy Airfares, Hotels and Cars Are Getting So Expensive for AmericansGoldman Shells Out $215 Million to End Case on Underp  ( 38 min )
    UBS to take in Credit Suisse CEO as merger closes in 2 weeks
    UBS said Tuesday it's bringing the CEO of Credit Suisse on to its executive board and will keep the two banks operating separately “for the foreseeable future” as it moves forward with a high-profile merger expected to close within two weeks. The two Zurich-based banks, longtime rivals, are uniting in a $3.25 billion deal hastily arranged in March by Swiss government officials and regulators after Credit Suisse’s stock plunged and jittery depositors quickly pulled out their money. “This is a pivotal moment for UBS, Credit Suisse and the entire banking industry," said UBS CEO Sergio Ermotti, who was brought back to the bank to help see the deal through.  ( 39 min )
    Warren Buffett and Charlie Munger sound off on banks, rule out Occidental takeover, and warn on AI. Here are 10 highlights from Berkshire Hathaway's annual meeting
    Buffett and Munger are wary of owning bank stocks, predict pain in commercial real estate, and don't plan to acquire Occidental Petroleum.  ( 42 min )
    What the Debt Ceiling Means for Money-Market Funds
    The funds aren’t completely risk-free right now because Congress hasn’t raised or suspended the nation's roughly $31 trillion debt ceiling.  ( 22 min )
    China's shrinking imports, slower exports growth darken economic outlook
    China's imports contracted sharply in April, while exports grew at a slower pace, reinforcing signs of feeble domestic demand despite the lifting of COVID curbs and heaping pressure on an economy already struggling in the face of cooling global growth. Government officials have repeatedly warned of a "severe" and "complicated" external environment in the wake of mounting recession risks for many of China's key trading partners. Analysts say cooling global growth pointed to a longer road to recovery for the Asian giant after Beijing abruptly ended tough COVID curbs in December.  ( 38 min )
    T-bills hit by US debt ceiling worries, stocks slip ahead of CPI
    NEW YORK/LONDON (Reuters) -A gauge of global equities fell on Tuesday after weak Chinese trade data sparked concerns about China's domestic demand recovery, while the impasse over the U.S. debt ceiling sparked a sharp sell-off in short-dated Treasury bills. A resumption of a slide in shares of regional banks sent the major stock indexes on Wall Street lower as markets await a meeting between President Joe Biden and top Republican lawmakers about raising the $31.4 trillion debt ceiling later in the day. Investors fear a government default if Congress fails to resolve the debt ceiling deadlock as early as June 1.  ( 40 min )
    Five ways the rich save big on estate taxes, from putting houses in trusts to buying offshore life insurance
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    Indicted FTX founder Bankman-Fried urges court to toss charges
    NEW YORK (Reuters) -Sam Bankman-Fried, who has long denied stealing from customers of his FTX cryptocurrency exchange, on Monday asked a U.S. judge to throw out criminal charges against him over the now-bankrupt FTX's collapse. In a filing in Manhattan federal court, Bankman-Fried's lawyers said several of the charges failed to properly state an offense. Bankman-Fried, a 31-year-old former billionaire, has largely been confined to his parents' home since his December arrest in the Bahamas, where he had lived and where FTX was based.  ( 38 min )
    Schwab Began Hedging Interest-Rate Risk With About $3.9 Billion in Derivatives
    (Bloomberg) -- Charles Schwab Corp. started hedging interest rate-related risk this year, according to a regulatory filing on Monday.Most Read from BloombergPowell’s Bet Against Recession Looks Good — Minus the Credit Crunch and a DC StandoffTexas Mass Shooting’s Bloody Images Add to Fervor in Gun DebateWhy Airfares, Hotels and Cars Are Getting So Expensive for AmericansMitch McConnell Warns He Has No ‘Secret Plan’ to Solve US Debt ImpasseUber Really Needs Lyft to Stay in the Rideshare RaceThe c  ( 38 min )
    Nobel economist Paul Krugman says the possibility of a US default is very real, and the debt ceiling should be abolished as it gives extremists an issue to 'weaponize'
    No content preview
    Palantir Gains After Posting Rosy Forecast, Touting Demand for AI Tools
    (Bloomberg) -- Palantir Technologies Inc. expects to be profitable every quarter this year and described demand for its new artificial intelligence products as “without precedent.” The stock climbed as much as 20% in the first minutes of extended trading Monday.Most Read from BloombergTexas Mass Shooting’s Bloody Images Add to Fervor in Gun DebatePowell’s Bet Against Recession Looks Good — Minus the Credit Crunch and a DC StandoffWhy Airfares, Hotels and Cars Are Getting So Expensive for America  ( 40 min )
    ‘Time to Buy,’ Says J.P. Morgan About These Top Aluminum Stocks
    Despite the strong jobs numbers for April, the overall economic outlook heading toward the second half of the year remains grim. Against a backdrop of elevated interest rates and recent bank failures, the odds of a recession hitting later this year are up to 64%. It’s an environment almost tailor-made to keep investors nervous – and looking for ‘recession proof’ sectors. In a recent report from JPMorgan, analyst Bill Peterson sees just such an opening in the aluminum sector. Peterson has taken a  ( 42 min )
  • Open

    Nederland telt voor het eerst meer webshops dan fysieke winkels
    Het aantal webshops is voor het eerst groter dan het aantal reguliere winkels. De laatste jaren zijn er steeds meer online winkels bij gekomen, waardoor er in Nederland nu ruim 84.000 zijn. Dat zijn er 2.000 meer dan bakstenen winkels, blijkt uit cijfers van statistiekbureau CBS.  ( 4 min )
    Philips-top onder vuur, beleggers niet blij met beleid
    De aandeelhouders van Philips zijn niet blij met de manier waarop het medisch technologiebedrijf vorig jaar gerund werd. Tijdens de jaarvergadering stemde een grote meerderheid tegen het verlenen van decharge. Dat betekent dat de aandeelhouders de bestuurders verantwoordelijk houden voor het beleid dat vorig jaar gevoerd werd.  ( 3 min )
    Ryanair plaatst megaorder bij Boeing voor driehonderd nieuwe vliegtuigen
    Budgetvlieger Ryanair heeft bij Boeing 150 vliegtuigen besteld, met een aanvullende optie voor nog eens 150 toestellen. Het is de grootste order die Ryanair ooit heeft geplaatst.  ( 3 min )
    Albert Heijn en personeel akkoord over 10 procent meer loon na lange stakingen
    De drieduizend werknemers in de distributiecentra van Albert Heijn krijgen een loonsverhoging van 10 procent. Na dagenlange stakingen zijn de supermarktketen en de vakbonden dinsdag tot een nieuwe cao gekomen.  ( 3 min )
    VDL-directie geeft geen gehoor, dus staakt personeel autofabriek nog twee dagen
    Autofabriek VDL Nedcar in Born ligt ook woensdag en donderdag stil. Het personeel zal nog eens twee dagen staken, omdat de vakbonden nog geen reactie van de bedrijfsdirectie hebben gekregen.  ( 3 min )
    Glaasje minder op Britse werkborrel zou verstandig zijn, stellen onderzoekers
    Personeel van Britse bedrijven zou op feestjes en borrels minder alcohol moeten drinken. Dit moet ongepast gedrag en intimidatie bij zulke bijeenkomsten voorkomen, schrijft BBC News op basis van een onderzoek.  ( 3 min )
    Goldman Sachs keert 215 miljoen uit aan vrouwen die te weinig betaald kregen
    De Amerikaanse zakenbank Goldman Sachs heeft in een langlopende rechtszaak over de ongelijke betaling van mannen en vrouwen een schikking van 215 miljoen dollar (196 miljoen euro) getroffen. Maar liefst 2.800 vrouwelijke medewerkers hadden een zaak aangespannen vanwege systematische onderbetaling.  ( 3 min )
    Woningbouwvereniging betaalt losgeld aan cybercriminelen na aanval
    Woonkracht10 heeft cybercriminelen losgeld betaald na een aanval die eind april plaatsvond. De Zwijndrechtse woningcorporatie heeft afspraken gemaakt met de aanvallers om te zorgen dat ze gestolen data verwijderen.  ( 3 min )
    Stakingen bij VDL Nedcar gaan door: autofabriek ligt langer stil
    Autofabriek VDL Nedcar in Born ligt ook woensdag en donderdag stil. Het personeel zal nog eens twee dagen staken, omdat de vakbonden nog geen reactie van de bedrijfsdirectie hebben gekregen.  ( 3 min )
    Nintendo Switch lijkt over hoogtepunt heen: vijfde minder spelcomputers verkocht
    Nintendo verkocht in het afgelopen jaar bijna achttien miljoen Switch-spelcomputers. Dat zijn er 22 procent minder dan een jaar eerder. Eerder wees Nintendo op chiptekorten, maar ook de populariteit van de Switch is tanende.  ( 3 min )
    Chinese investeringen worden in Europa steeds vaker geblokkeerd
    Europese toezichthouders zijn steeds kritischer op investeringen door Chinese bedrijven. Zo zijn diverse overnames in de techsector en de infrastructuur vorig jaar geblokkeerd. Daardoor is het totaalbedrag aan Chinese investeringen gedaald tot het laagste punt in bijna tien jaar.  ( 4 min )
    Goldman Sachs schikt voor miljoenen in zaak over onderbetaalde vrouwen
    De Amerikaanse zakenbank Goldman Sachs heeft in een langlopende rechtszaak over de ongelijke betaling van mannen en vrouwen een schikking van 215 miljoen dollar (196 miljoen euro) getroffen. Maar liefst 2.800 vrouwelijke medewerkers hadden een zaak aangespannen vanwege systematische onderbetaling.  ( 3 min )
    Twitter houdt grote schoonmaak: duizenden slapende accounts gaan verdwijnen
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    Britten zouden in strijd tegen wangedrag minder moeten drinken op bedrijfsborrels
    Personeel van Britse bedrijven zou op feestjes en borrels minder alcohol moeten drinken. Dit moet ongepast gedrag en intimidatie bij zulke bijeenkomsten voorkomen, schrijft BBC News op basis van een onderzoek.  ( 3 min )
    Koninklijke DSM is niet meer: chemiebedrijf fuseert met Zwitsers concern
    DSM en het Zwitserse Firmenich zullen definitief samensmelten tot één bedrijf. Daarmee komt er een einde aan het zelfstandige Nederlandse chemiebedrijf dat is voortgekomen uit De Nederlandse Staatsmijnen.  ( 4 min )
    Tesla investeert honderden miljoenen dollars in een eigen lithiumfabriek
    Tesla bouwt een eigen fabriek die lithium gaat produceren. De autofabrikant trekt 375 miljoen dollar (341 miljoen euro) uit voor de fabriek, die in de Amerikaanse staat Texas komt te staan.  ( 3 min )
    Twitter verwijdert accounts die niet in gebruik zijn
    Twitter gaat accounts die al meerdere jaren niet zijn gebruikt opruimen. Door deze maatregel zullen veel twitteraars volgers kwijtraken.  ( 3 min )
    LinkedIn stuurt ruim zevenhonderd medewerkers de laan uit
    LinkedIn gaat 716 banen schrappen. Dat komt neer op 3,5 procent van het totale personeelsbestand. Het zakelijke sociale netwerk verwacht een zwakkere economische groei en wil daarom kosten besparen.  ( 3 min )
    Influencer Negin Mirsalehi enige nieuwe vrouw in top 100 jonge megarijken
    Met nieuwe binnenkomer Negin Mirsalehi telt Quote's lijst van de rijkste jonge selfmade miljonairs dit jaar vier in plaats van drie vrouwen. De drie allerrijkste Nederlanders onder de veertig jaar zijn dezelfde drie mannen als vorig jaar.  ( 3 min )
    Influencer Negin Mirsalehi nieuw op de lijst met jonge megarijken
    Met nieuwe binnenkomer Negin Mirsalehi telt Quote's lijst van de rijkste jonge selfmade miljonairs dit jaar vier in plaats van drie vrouwen. De drie allerrijkste Nederlanders onder de veertig jaar zijn dezelfde drie mannen als vorig jaar.  ( 3 min )
    Netbeheerder wil dat provincies gaan meebetalen aan dikke stroomkabels
    Netbeheerder Stedin wil dat provincies miljoenen euro's gaan investeren in een uitbreiding van het stroomnet in hun regio. In ruil daarvoor zouden ze dan een aandeel in de netbeheerder krijgen.  ( 3 min )
    Nog geen duidelijkheid over landbouwakkoord, boerenlobbygroep wijst tekst af
    Het landbouwakkoord laat voorlopig op zich wachten. Ondanks een ultimatum van boerenlobbyorganisatie LTO ligt er deze week hoogstwaarschijnlijk zelfs nog geen definitieve tekst van een onderhandelingsakkoord. LTO wijst de concepttekst af, laat zij maandag weten.  ( 5 min )
    Negin Mirsalehi en Roemie Hillenaar mogen zich nu rekenen tot megarijken
    Met nieuwe binnenkomers Negin Mirsalehi (foto) en Roemie Hillenaar telt Quote's lijst van rijkste jonge selfmade miljonairs dit jaar drie in plaats van vijf vrouwen. De drie allerrijkste Nederlanders onder de veertig jaar, zijn dezelfde drie mannen als vorig jaar.  ( 3 min )
  • Open

    Microsoft, Goldman, Cboe Team Up For Blockchain For Institutional Crypto Assets
    Goldman Sachs, Deloitte, Cboe Global Markets, Microsoft (MSFT) and fintech firm Digital Asset have teamed up to create a blockchain network for institutional crypto assets.  ( 1 min )
  • Open

    5 Things to Know Before Markets Open
    President Biden will meet with Congressional leaders to try and resolve raising the nation's debt limit to avoid default. Here’s what investors need to know today.  ( 1 min )
    Markets Finish Flat Ahead of Key Inflation Data
    U.S. equities indexes were little changed on Monday, May 8, 2023, with crucial reports on inflation expected later in the week.  ( 1 min )

  • Open

    Day Trading vs. Swing Trading: What's the Difference?
    Day trading involves making dozens of trades in a single day, while swing trading involves holding positions over a period of days or weeks.  ( 24 min )
    5 Ways to Help Your Clients Experiencing Grief
    Advisors can help clients experiencing grief by following these five tips.  ( 24 min )
    Retired Securities Definition and Example
    Retired securities have been repurchased by the issuer out of the company's retained earnings and canceled.  ( 18 min )
    Markets Finish Flat Ahead of Key Inflation Data
    U.S. equities indexes were little changed on Monday, May 8, 2023, with crucial reports on inflation expected later in the week.  ( 16 min )
    Personal Loan Rates & Trends, Week of May 8: Rates Drop
    Personal loan rates eased slightly for a second week, lowering the overall average by seven basis points.  ( 17 min )
    Top CD Rates Today, May 8
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 17 min )
    Dow Jones Today: Index Flat on Inflation Lull
    Disney tops the box office and the Dow with Guardians of the Galaxy, but bad press helped push 3M lower.  ( 17 min )
    Where Are Savings Account Rates Headed?
    Savings account rates have already risen to record levels over the past 14 months, but will the Fed's latest announcement bump them higher, or cause them to plateau?  ( 19 min )
    The Investing Risk of Underfunded Pension Plans
    Here's why it can be difficult to determine the risk to a company's EPS and financial condition resulting from an underfunded pension plan.  ( 20 min )
    Chip-and-Signature Card
    A chip-and-signature card is a type of credit card that encodes its information in a magnetic stripe as well as a square microchip.  ( 19 min )
    White House Proposal Will Make Airlines Pay for Delays, Cancellations
    Under a new proposal, airlines would have to pay for stranded travelers' expenses if the companies aren’t able to prevent some delays and cancellations.  ( 17 min )
    Borrowing Will Get Tougher Before it Gets Easier, Banks Say
    Fed's Loan Officer Survey Shows Credit Will Get Tighter in Coming Months  ( 17 min )
    Thrift Institutions Advisory Council Definition
    The Thrift Institutions Advisory Council advised the Federal Reserve Board of Governors on the various needs and conditions of nonbank savings institutions.  ( 19 min )
    10 Biggest Retail Companies
    With Walmart leading the pack, these are the 10 biggest retail companies by 12-month trailing revenue.  ( 22 min )
    Guardian Definition
    A guardian is an individual who has been given the legal responsibility to care for a child or an adult who does not have the capacity for self-care.  ( 20 min )
    Top 5 ETFs of 2021
    The year to date returns for XOP, VDE, IYE, XLE, and LIT make them the best performing ETFs of 2021.  ( 24 min )
    Berkshire Hathaway: What It Is, Market Cap, and Who Owns It
    Berkshire Hathaway is a holding company for a multitude of businesses run by chair and CEO Warren Buffett.  ( 23 min )
    Bread Savings CD Rates: May 2023
    Check out the current Bread Savings CD rates and see how they compare to the competition. Maximize your savings with flexible and secure CD investments at Bread.  ( 19 min )
    Home Equity Line of Credit (HELOC)
    A home equity line of credit (HELOC) is a line of credit secured by equity you have in your home.  ( 23 min )
    U.S. Barrels Toward a Uniquely American Debt Ceiling Crisis
    President Joe Biden will meet with top Republican lawmakers at the White House on Tuesday in a showdown over the debt ceiling that is a uniquely American phenomenon.  ( 17 min )
    The Rule of 55
    The rule of 55 allows certain workers to withdraw money early from employer-sponsored retirement accounts without triggering a tax penalty.  ( 23 min )
    Top Energy Stocks for May 2023
    Southwestern Energy, Black Stone Minerals, and TORM are top for best value, fastest growth, and most momentum, respectively.  ( 20 min )
    Value Stock: What It Is, Examples, Pros and Cons
    A value stock is a stock that tends to trade at a lower price relative to its fundamentals, making it appealing to value investors.  ( 27 min )
    Double Top: Definition, Patterns, and Use in Trading
    A double top is an extremely bearish technical reversal pattern that forms after a stock makes two consecutive peaks.  ( 26 min )
    How to Maximize Profit with Marginal Cost and Revenue
    Learn about the marginal cost of production and marginal revenue and how the two measures are used together to determine the profit maximization point.  ( 25 min )
    Cryptocurrencies To Watch: Week of May 8
    This week’s cryptocurrencies to keep an eye on are Pepe (PEPE), FLOKI (FLOKI), Stacks (STX), WOO Network (WOO), and TRON (TRX).  ( 20 min )
    Dow Jones Transportation Average (DJTA): History
    The Dow Jones Transportation Average is a price-weighted average of 20 transportation stocks traded in the United States.  ( 19 min )
    Futures Strip: What it is and How it Works
    A futures strip is the buying or selling of futures contracts in sequential delivery months traded as a single transaction.  ( 18 min )
    Investors’ Worries Hit Their Peak Amid Recession Fears and Bank Failures
    It’s no surprise, sticky high inflation, rising rates, recession fears and more bank failures have spiked investor cautiousness to the highest levels seen this year, according to Investopedia’s latest survey of daily newsletter readers.  ( 18 min )
    Hyperledger: Open-Source Blockchain Framework and Standards
    Hyperledger is an open-source umbrella project that offers tools for developing and using blockchain systems and applications across industry sectors.  ( 19 min )
    Top Video Game Stocks for Q2 2023
    Top video game stocks this quarter include NVIDIA Corp., Inspired Entertainment Inc., and SciPlay Corp., all of which have risen more than 25% in the last 12 months while rising interest rates have weighed on the broader market.  ( 20 min )
    10 Biggest Solar Companies
    With JinkoSolar Holding Co. leading the pack, these are the 10 biggest solar companies by 12-month trailing revenue.  ( 23 min )
    Do Reverse Mortgage Loans Require Mortgage Insurance?
    Borrowers must pay up-front and annual mortgage insurance premiums on HECM reverse mortgages, but the insurance provides several consumer protections.  ( 23 min )
    Calculating Volatility: A Simplified Approach
    Though most investors use standard deviation to determine volatility, there's an easier and more accurate way of doing it: the historical method.  ( 22 min )
    SPY ETF: The SPDR S&P 500 ETF Trust and What It Holds
    Learn about the SPY ETF (SPDR S&P 500 ETF Trust), its characteristics, and the suitability of investing in the fund.  ( 24 min )
    Falling Asset Prices Could Widen Robinhood's Q1 Losses, Though Interest Revenue Grows
    Robinhood's net losses are predicted to widen to $484 million as monthly active users falls by a quarter amid inflation, interest rate hikes, and falling asset prices.  ( 18 min )
    Minimum Wage: Federal vs. State, Exceptions, and FAQs
    The minimum wage is a legally mandated price floor on hourly wages, below which nonexempt workers may not be offered a job or agree to work.  ( 28 min )
    Inside Brazil's Experiment to Transform its Economy
    The Express steamed down to Rio de Janeiro for a quick trip to discover a city trying to transform itself into Latin America's tech capital, and change the course of Brazil's economic future. From the first Web Summit held in Latin America, we spoke with Gabriela Goncalves of Nilla Capital, and Marcos Casarin of Oxford Economics about Brazil's economy today, where it's headed, and the opportunities for investors and innovation. Plus, the latest results from our sentiment survey tell us investors are as scared as we've been all year. What's bugging us, and what are we doing about it?  ( 18 min )
    Today's Mortgage Rates & Trends - May 8, 2023: Rates Rise
    Rates on most mortgages types climbed higher, in many cases by double digits. Among the gainers were jumbo 30-year loans, whose rate average hit a two-month high.  ( 18 min )
    Adjusted Premium Definition
    An adjusted premium is the premium of a life insurance policy that is adjusted by amortizing the costs associated with acquiring the insurance policy.  ( 19 min )
    5 Things to Know Before Markets Open
    Federal data is expected to show a slower pace of bank lending and the White House is looking at a proposal to make airline compensate travelers for avoidable delays. Here’s what investors need to know today.  ( 17 min )
    Disney Likely to Post Robust Earnings Growth on Direct-to-Consumer Offerings
    Disney is projected to report strong earnings growth for the latest quarter as its streaming services gain more subscribers, led by its flagship Disney+ service.  ( 18 min )
    What Is a Good Debt-to-Income (DTI) Ratio?
    Your debt-to-income ratio shows how much of your money goes to paying debts. It helps lenders decide whether to loan you money. Learn how it works and how to improve it.  ( 25 min )
  • Open

    'Rich Dad Poor Dad' author Robert Kiyosaki warns inflation is systemic and investors should buy gold, real estate, gas, and food
    No content preview
    Vanguard’s Trillion-Dollar Man Leads a Fixed-Income Revolution
    (Bloomberg) -- When March’s bank failures ignited a historic bond rally, few, if any, made more money than Josh Barrickman.Most Read from BloombergPowell’s Bet Against Recession Looks Good — Minus the Credit Crunch and a DC StandoffTexas Mass Shooting’s Bloody Images Add to Fervor in Gun DebateWhy Airfares, Hotels and Cars Are Getting So Expensive for AmericansMitch McConnell Warns He Has No ‘Secret Plan’ to Solve US Debt ImpasseUber Really Needs Lyft to Stay in the Rideshare RaceHis army of fun  ( 41 min )
    Why Skyworks Solutions Stock Is Falling After Hours
    Skyworks Solutions Inc (NASDAQ: SWKS) shares are falling after it reported second-quarter earnings, with sales meeting expectations and earnings missing estimates. The company also guided for the next quarter. Skyworks reported adjusted EPS of $2.02, missing estimates of $2.03 per share. However, the company's sales for the quarter came in at $1.15 billion against analyst estimates of $1.15 billion. The company generated second-quarter operating cash flow of $411.7 million. In other key achievem  ( 38 min )
    PayPal Earnings Top Views As Analysts Mull Raised 2023 Outlook
    No content preview
    Top CD Rates Today, May 8
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 18 min )
    Dow Jones Falls On Tightening Loan Conditions; Tech Titans AMD, Nvidia, Netflix, Uber Flash Bullish Signals
    No content preview
    Apple Sells $5.25 Billion in Five-Part Dollar Bond Sale
    (Bloomberg) -- Apple Inc. tapped the US blue-chip bond market Monday as a flood of borrowers raise cash ahead of key inflation readings later this week.Most Read from BloombergPowell’s Bet Against Recession Looks Good — Minus the Credit Crunch and a DC StandoffTexas Mass Shooting’s Bloody Images Add to Fervor in Gun DebateWhy Airfares, Hotels and Cars Are Getting So Expensive for AmericansGoldman Shells Out $215 Million to End Case on Underpaying WomenMitch McConnell Warns He Has No ‘Secret Plan  ( 39 min )
    What's Going On With Exxon Mobil Shares Today
    Exxon Mobil Corp (NASDAQ: XOM) shares gained Monday as Goldman Sachs Group, Inc (NYSE: GS) reiterated its forecast for Brent prices at $95 by December 2023 and $100 for April 2024 despite the sharp declines in oil prices lately. The firm predicts that supply deficits will likely surge in the second half of the year. The current selloff was driven mainly by recessionary fears about demand, the U.S. banking crisis, and reports about increased oil production in Russia, Iran, and other OPEC nations.  ( 38 min )
    EV Startup Lucid Sees Widening Losses; Fisker, Nikola, Rivian On Deck
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    Palantir Earnings Top Estimates. CEO Karp Sees a Huge Opportunity in AI.
    The analytics software company Palantir posted a second straight quarter of GAAP profits. As for AI efforts, CEO Alex Karp says: “The machine must remain subordinate to its creator."  ( 22 min )
    S&P 500 Stocks: Carnival, AMD Are Big Winners Today
    No content preview
    PayPal adjusted margin forecast cut eclipses higher profit expectations
    While a cost-of-living crisis has now begun to squeeze budgets, particularly of lower income households, consumer spending has remained remarkably steady in the face of a looming economic slowdown. The upbeat forecast echoes expectations of card giants Visa and Mastercard that have remained largely upbeat about spending volumes on pent-up travel demand and resilient consumer spending. The company said it now expects full-year adjusted profit to grow about 20% to $4.95 per share, above analysts' average estimate of $4.88 per share, according to Refinitiv IBES data.  ( 39 min )
    Palantir Earnings, Revenue Top Estimates On Strong Commercial Growth
    No content preview
    UPDATE 2-Devon Energy tops profit estimates on strong demand, boosts share buyback
    Shale oil producer Devon Energy on Monday topped Wall Street estimates for first-quarter profit on high demand for crude oil, and raised its share repurchase program by 50% to $3 billion. Energy companies have started boosting investor returns since last year with the excess cash they generated aided by higher crude prices. While crude price fell during the first quarter, nearly 20% lower compared to last year when prices soared to multi-year peaks following Russia's invasion of Ukraine, they were still high enough for producers to remain profitable.  ( 38 min )
    Skyworks Stock Sinks After Chipmaker Guides Low For Current Quarter
    No content preview
    Bud Light Sales Volume Fell 21.4% in April, Hurt by Transgender Backlash
    Volume was 21.4% lower in April, while the overall figure for parent Anheuser-Busch fell 12.5 % in the month, according to Beer Business Daily.  ( 22 min )
    What's Going On With AMD Stock Monday
    Advanced Micro Devices, Inc (NASDAQ: AMD) shares gained on Monday as reports claimed Microsoft Corp (NASDAQ: MSFT) denied a partnership with the chipmaker for its Athena artificial intelligence chip. Reportedly, Frank Shaw, a Microsoft spokesman, denied that AMD is part of Athena. "AMD is a great partner," he said. "However, they are not involved in Athena." Also, separate reports suggested that U.S. sanctions compelled the Chinese firms, including Alibaba Group Holding Limited (NASDAQ: BABA), B  ( 38 min )
    Concern over TD anti-money-laundering practices helped scuttle First Horizon deal
    TD agreed to buy First Horizon in February 2022 in a deal that would have created the sixth-largest U.S. lender. The banks said they expected to complete the transaction by January.  ( 40 min )
    Seeking at Least 9% Dividend Yield? Analysts Suggest 2 Dividend Stocks to Buy
    The market is being buffeted by conflicting headwinds, making the pundits’ job harder. While inflation appears to be moderating, with the annualized rate down to 5% in March – the lowest since the summer of 2021 – the job market remains surprisingly robust. Last month, the BLS reported 253,000 new jobs, exceeding the predicted 180K, and an unemployment rate of just 3.4% compared to a forecast of 3.6%. The robust job numbers present a challenge for the Federal Reserve, which is tasked with managi  ( 42 min )
    Occidental Begins Buying Back Warren Buffett’s $10 Billion in Preferred Stock
    (Bloomberg) -- Occidental Petroleum Corp. began buying back Berkshire Hathaway Inc.’s $10 billion of preferred stock, four years after Warren Buffett’s firm made the investment during the oil producer’s takeover of Anadarko Petroleum Corp. Most Read from BloombergPowell’s Bet Against Recession Looks Good — Minus the Credit Crunch and a DC StandoffTexas Mass Shooting’s Bloody Images Add to Fervor in Gun DebateWhy Airfares, Hotels and Cars Are Getting So Expensive for AmericansGoldman Shells Out $  ( 39 min )
    Advanced Micro Devices Stock Sees RS Rating Jump To 83
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    Concern Over TD Anti-Money-Laundering Practices Helped Scuttle First Horizon Deal
    Toronto-Dominion Bank’s handling of suspicious customer transactions was behind regulators’ refusal to bless the Canadian lender’s $13.4 billion bid to buy First Horizon, people familiar with the matter said.  ( 29 min )
    Yellen warns of a "constitutional crisis" as the US debt ceiling deadline approaches
    US Treasury secretary Janet Yellen has warned that a failure by Congress to raise the debt ceiling in the coming weeks could lead to a “constitutional crisis.” According to Yellen, who made the comments during a May 7 appearance on ABC News’s This Week, the US could run out of cash as early as June 1.  ( 39 min )
    What's Going On With Microsoft Stock Today
    Microsoft Corp (NASDAQ: MSFT) shares are trading lower on Monday for no company-specific news. The stock is up 30% YTD, signaling an upside from the ChatGPT frenzy. In 2023, Microsoft launched its AI-powered search engine, Bing AI, building on its partnership with OpenAI, intensifying rivalry with Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) Google. Also Read: Microsoft's Premium ChatGPT Service Set to Supercharge Azure Growth: Analyst Predicts Even Wider Lead Over AWS Reports in April suggested  ( 38 min )
    Worst Isn’t Over for US Stock Market, JPMorgan’s Kolanovic Warns
    (Bloomberg) -- Expectations among US stock investors that the worst of pressures may have passed will likely be proven wrong as recession risk still looms, according to JPMorgan Chase & Co.’s Marko Kolanovic.Most Read from BloombergTexas Mass Shooting’s Bloody Images Add to Fervor in Gun DebatePowell’s Bet Against Recession Looks Good — Minus the Credit Crunch and a DC StandoffFootball Stadiums Belong in the SuburbsBiden Trails Trump as His Approval Rating Hits Low in ABC PollWhy Airfares, Hotel  ( 39 min )
    Bill Gross Advises Buying T-Bills to Bet Debt-Ceiling Issues Will Be Resolved
    (Bloomberg) -- Bill Gross, the former chief investment officer of Pacific Investment Management Co., recommended buying short-term Treasury bills, expecting the debt-ceiling issue eventually gets resolved. Most Read from BloombergTexas Mass Shooting’s Bloody Images Add to Fervor in Gun DebatePowell’s Bet Against Recession Looks Good — Minus the Credit Crunch and a DC StandoffFootball Stadiums Belong in the SuburbsBiden Trails Trump as His Approval Rating Hits Low in ABC PollWhy Airfares, Hotels  ( 37 min )
    Apple and Amazon Stock Could Power the S&P 500 to 4400
    Stifel Market Strategist Barry Bannister says an environment friendly to growth and value stocks could seed an index rally in the second and third quarters.  ( 22 min )
    Frank founder accused of fraud notches big win against JPMorgan as bank must pay her legal bills
    JPMorgan Chase fired Charlie Javice in November 2022. Now the bank must pay her legal fees, according to a Delaware Chancery Court ruling.  ( 41 min )
    'Just Miss A Few Payments, Screw Up Your Credit Score': Peter Schiff Slams Biden's New Mortgage Rule. Here's How To Invest In Real Estate Without Buying A House
    Mortgage fees are changing under the new rules from the Biden administration’s Federal Housing Finance Agency. Because some borrowers with good credit may end up paying higher fees compared to those with lower credit scores, the change has sparked a discussion. Among the critics is Peter Schiff, CEO and chief global strategist at Euro Pacific Capital. During an interview posted on Schiff’s YouTube channel, the host shared his intention to buy a home but voiced concerns about getting punished if  ( 39 min )
    Life according to Warren Buffett and Charlie Munger: Write your own obituary and avoid toxic people
    The Berkshire Hathaway investors shared their wisdom at the company's annual shareholder meeting—including how to succeed in life and avoid mistakes.  ( 40 min )
    Lucid earnings preview: Production, profitability in focus for luxury EV-maker
    Lucid Motors will release Q1 earnings after the bell on Monday, a crucial report for the pure play electric vehicle maker looking to assuage investor concerns about production, and profitability.  ( 39 min )
    Occidental Starts Paying Off Berkshire’s 8% Preferred Stock
    The oil company is starting to rid itself of a source of high-cost financing, but Warren Buffett's company is likely to continue to benefit from it for years.  ( 22 min )
    Stifel raises S&P forecast, citing 'economic resilience'
    Stifel sees upside for the S&P 500 as earnings continue to beat estimates.  ( 40 min )
    Shockwave Tumbles As Boston Scientific Takeover Talk Reportedly Breaks Down
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    Zscaler Stock Shoots Up on Boost to Revenue Outlook
    The cloud-security company said it expects revenue for its third fiscal quarter to be higher than it had forecast.  ( 22 min )
    Woman who sued over Subway tuna seeks to quit case; Subway demands sanctions
    The California woman suing Subway for claiming its tuna products contain ingredients other than tuna wants to end her lawsuit because she is pregnant, prompting Subway to demand her lawyers be sanctioned for bringing a frivolous case. Nilima Amin said her "severe" morning sickness and "debilitating" conditions as she prepares for a third child have left her "unable to proceed with the obligations as plaintiff," and require her to focus on her health and family. In a May 4 filing, Subway said Amin's excuse flunked the "straight-face" test, and her lawyers likely realized it would not "simply pay the windfall settlement that they hoped to get by constructing a high-profile shakedown."  ( 38 min )
    10 Biggest Solar Companies
    With JinkoSolar Holding Co. leading the pack, these are the 10 biggest solar companies by 12-month trailing revenue.  ( 23 min )
    JPMorgan Ordered to Pay Charlie Javice’s Legal Fees in Frank Fraud Case
    (Bloomberg) -- JPMorgan Chase & Co. must pay Frank founder Charlie Javice’s defense costs in its suit accusing her of defrauding in its $175 million acquisition of her college-loan-planning site.Most Read from BloombergTexas Mass Shooting’s Bloody Images Add to Fervor in Gun DebatePowell’s Bet Against Recession Looks Good — Minus the Credit Crunch and a DC StandoffFootball Stadiums Belong in the SuburbsBiden Trails Trump as His Approval Rating Hits Low in ABC PollSingapore’s Soaring Rents Are Be  ( 39 min )
    Why Catalent Stock Is Tumbling Today
    Catalent Inc (NASDAQ: CTLT) will be delaying the release of its third fiscal quarter results and investor conference call, previously scheduled for Tuesday, May 9, 2023. The company expects to file its Quarterly Report on Form 10-Q on May 15, 2023. In April, Catalent reported productivity challenges and higher-than-expected costs at its drug product and drug substance manufacturing facilities in Bloomington, Indiana, and Brussels, Belgium. Life-sciences company Danaher Corporation (NYSE: DHR) al  ( 38 min )
    Stock Market Off Lows Ahead Of Inflation Report; Analyst Warns Buffett About Apple 'Concentration Risk'
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    Why Warren Buffett Prefers Cash to Stocks Right Now
    The Berkshire Hathaway CEO is renowned for his stock-picking, but right now his favorite investment appears to be cash.  ( 22 min )
    Why Warren Buffett Prefers Cash to Stocks Right Now
    A 5%T-bill is pretty attractive when equities appear expensive.  ( 22 min )
    What's Going On With Sea Stock Today
    Sea Limited (NYSE: SE) shares gained on Monday over reports of a pay boost. Sea's founder declared a 5% pay hike for most employees starting July, signaling a turnaround for the e-commerce and gaming business after years of bleeding losses. Workers who joined on or before March 31 will get the salary bump, Bloomberg cites Forrest Li's internal memo. He said Sea has reached "self-sufficiency" as its cash balance is increasing rather than shrinking every quarter, months ahead of a target set last  ( 38 min )
    Catalent Stock Sinks. It Expects to ‘Significantly Reduce’ Guidance.
    Catalent anticipates a significant reduction to both its fiscal 2023 revenue and adjusted earnings before interest, taxes, depreciation and amortization guidance.  ( 22 min )
    2 Ways to Earn Billions: Warren Buffett and Charlie Munger Talk Elon Musk
    The Tesla CEO was one of the many topics that came up at Berkshire Hathaway's annual meeting of shareholders in Omaha on Saturday.  ( 22 min )
    Down More Than 50%: These 2 ‘Strong Buy’ Stocks Are Trading in Oversold Territory
    Every investor would naturally like to see the stocks that make up their portfolio show a consistent upward curve, but that, as everyone learns eventually, is just not the way it works. Peaks and troughs are part of the investing game, and even the stock market kings go through periods of serous pullbacks for one reason or another, be it macro developments or some news item that spooked investors. And every so often, despite sound fundamentals, the pendulum swings too far into negative terrain,  ( 41 min )
    Advent, Warburg Pincus Lead Multi-Billion Buyout Bid For Baxter's BioPharma Solutions
    A buyout consortium comprising Warburg Pincus and Advent International is in advanced talks to acquire Baxter International Inc's (NYSE: BAX) biopharma solutions business. BioPharma Solutions offers contract manufacturing services to the pharma and biotech industries. The deal value could reach or exceed $4 billion. Warburg Pincus and Advent have submitted the most attractive offer to Baxter in an auction that drew interest from other private equity firms and major players, including Thermo Fish  ( 39 min )
    Tyson Foods Reports Loss, Cuts Revenue Outlook for the Year
    The meat processor swung to a loss as it grappled with higher costs and flat revenue. Shares declined more than 10%.  ( 25 min )
    Ask An Advisor: Where Should I Stash Short-Term Savings?
    I'm holding $300,000 in cash that I plan to put into a new home. With the market as it is, I'm putting off that purchase for six to nine months. I'm 66 years old, single and plan to retire within … Continue reading → The post Ask An Advisor: Where Should I Stash Short-Term Savings? appeared first on SmartAsset Blog.  ( 40 min )
    The Reverse 4% Rule Puts Retirement Income, Spending Into Perspective
    A part-time job is like temporarily having a bigger nest egg while splurging on that luxury SUV will lower your spending for your entire retirement.  ( 36 min )
    Zscaler Preannounces Strong Results. The Cybersecurity Stock Is Soaring.
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    The Debt Limit Ceiling Crisis Could Hit Your 401(k), Social Security and Medicare
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    US Cities Where It's Cheaper to Buy Than Rent a Home
    Potential homeowners may feel left in the dust with recent increases in costs and interest rates. But with the right combination of factors in some U.S. cities, the costs of homeownership may actually be less than the cost of renting, … Continue reading → The post Buy vs. Rent: A Comparison of Housing Costs in U.S. Cities – 2023 Study appeared first on SmartAsset Blog.  ( 40 min )
    U.S. Exchanges List More Than a Dozen Cryptos the SEC Says Are Illegal to Sell
    The number of tokens the regulator has labeled as securities almost tripled in 2022.  ( 25 min )
    Regional Bank Stocks Rebound. PacWest Rockets After Dividend Cut.
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    Weight Loss Brand Jenny Craig Files for Bankruptcy, Shuts Down
    (Bloomberg) -- Weight loss brand Jenny Craig has begun liquidating its operations in the US after efforts to ease a cash crunch fell short. Most Read from BloombergTexas Mass Shooting’s Bloody Images Add to Fervor in Gun DebatePowell’s Bet Against Recession Looks Good — Minus the Credit Crunch and a DC StandoffFootball Stadiums Belong in the SuburbsBiden Trails Trump as His Approval Rating Hits Low in ABC PollBuffett Reaffirms Abel as Heir, Blames Bank Leaders for FailuresJenny C Holdings LLC an  ( 38 min )
    Dow Jones Futures Rise As PacWest Soars On Dividend Cut. Occidental Drops On Warren Buffett Comments.
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    Is Apple Stock A Buy After iPhone Maker's March-Quarter Earnings Beat?
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    Why PepsiCo hires 2,000 new grads every year regardless of economic conditions
    PepsiCo hires 2,000 U.S. graduates every year, says its CHRO.  ( 39 min )
    Tyson Foods Reports Loss, Cuts Revenue Outlook for the Year
    The Springdale, Ark.-based company posted a loss of $97 million in the period ended April 1, compared with net income of $829 million a year earlier.  ( 26 min )
    BioNTech Revenue Falls. Why the Stock Is Climbing Anyway.
    BioNTech's first-quarter revenue falls from a year earlier as demand for Covid-19 vaccines wanes but still tops analysts' estimates.  ( 26 min )
    Short Sellers Won't Bet Against Eight Rock-Solid Buffett-Like Stocks
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    Bud Light parent Anheuser-Busch to help distributors amid Mulvaney controversy
    Anheuser-Busch InBev is planning to help distributors feeling the sting of the controversy involving the beer giant's promotional effort with transgender activist Dylan Mulvaney.  ( 40 min )
    Is AMD Stock A Buy After Chipmaker's First-Quarter Report?
    No content preview
    Dish Stock Falls. Profit Wasn’t the Problem.
    First-quarter earnings at the satellite and streaming video provider hit expectations but it lost more pay-TV subscribers than analysts had expected.  ( 22 min )
    Stock futures inch up as regional banks rally: Stock market news today
    The major averages were little changed on Monday morning while regional banks extended their rally.  ( 39 min )
    Tyson Foods Stock Is Tumbling. A Surprise Loss Is Only One Reason Why.
    The meat giant posts an adjusted loss of 4 cents a share in its fiscal second quarter, while analysts were expecting earnings of 79 cents.  ( 22 min )
    Bitcoin, Ether drop; Polkadot, XRP biggest losers; Asian equities gain
    Bitcoin, Ether fell in Monday afternoon trade in Asia, along with all other top 10 non-stablecoin cryptocurrencies by market capitalization. Polkadot and XRP led the losers in that list.  ( 39 min )
    Tyson Cuts Meat Sales View as Prices Hit Consumer Spending
    (Bloomberg) -- Tyson Foods Inc. cut its outlook for meat sales this year as consumers switch to cheaper foods due to inflation.Most Read from BloombergTexas Mass Shooting’s Bloody Images Add to Fervor in Gun DebateFootball Stadiums Belong in the SuburbsPowell’s Bet Against Recession Looks Good — Minus the Credit Crunch and a DC StandoffBiden Trails Trump as His Approval Rating Hits Low in ABC PollBuffett Reaffirms Abel as Heir, Blames Bank Leaders for FailuresThe biggest US meat company in a Mon  ( 38 min )
    No Recession Doesn’t Mean No Worries for Stocks
    Stocks might be under pressure even if the U.S. economy avoids a downturn.  ( 26 min )
    Morgan Stanley’s Wilson Says Economy Signaling Weaker Earnings
    (Bloomberg) -- Softer US macroeconomic data suggest that earnings trends will weaken in coming months, contrary to the expectations of most analysts, according to Morgan Stanley’s Michael Wilson, a staunch Wall Street bear.Most Read from BloombergTexas Mass Shooting’s Bloody Images Add to Fervor in Gun DebateFootball Stadiums Belong in the SuburbsPowell’s Bet Against Recession Looks Good — Minus the Credit Crunch and a DC StandoffBiden Trails Trump as His Approval Rating Hits Low in ABC PollBuff  ( 39 min )
    Buffett Predicts a Downturn. Inflation Data and Earnings Will Indicate Its Severity.
    Debt limit concern, Buffett shares investing advice, and other news to start your day.  ( 25 min )
    Disney Likely to Post Robust Earnings Growth on Direct-to-Consumer Offerings
    Disney is projected to report strong earnings growth for the latest quarter as its streaming services gain more subscribers, led by its flagship Disney+ service.  ( 19 min )
    Shell and BP’s Hidden Spark
    The European companies’ energy traders generate huge profits, but investors are mostly in the dark.  ( 25 min )
    Big Oil Has $150 Billion in Cash and Investors Want a Share
    Oil-and-gas companies boost shareholder returns and keep funds for when the boom goes bust.  ( 27 min )
    These Stocks Are Moving the Most Today: Occidental, Berkshire Hathaway, PacWest, AMC, PayPal, and More
    Warren Buffett tamps down speculation that Berkshire Hathaway, which owns 24% of Occidental Petroleum, wants to buy the entire company, while PacWest shares surge after the regional lender says it's reducing its dividend.  ( 23 min )
    Warren Buffett reassures shareholders he’s ‘100% comfortable’ with his successor as Berkshire CEO: ‘Greg understands capital allocation as well as I do’
    Attendees at Berkshire Hathaway's annual meeting aimed to get a glimpse of Greg Abel, the conglomerate's designated CEO successor.  ( 40 min )
    Occidental Drops After Buffett Said Not Seeking Full Control
    (Bloomberg) -- Shares in Occidental Petroleum Corp. dropped in premarket trading after Warren Buffett said Berkshire Hathaway Inc. won’t make an offer for full control of the energy group, tempering speculation he was seeking to own the company after spending months snapping up its shares.Most Read from BloombergTexas Mass Shooting’s Bloody Images Add to Fervor in Gun DebateFootball Stadiums Belong in the SuburbsBiden Trails Trump as His Approval Rating Hits Low in ABC PollBuffett Reaffirms Abel  ( 39 min )
    PacWest Leads Rally in Regional Banks After Slashing Dividend
    (Bloomberg) -- PacWest Bancorp rose as much as 16% in premarket trading Monday, extending Friday’s brisk rebound and leading gains in US regional banks, after it slashed its quarterly dividend and said business remains “sound.”Most Read from BloombergTexas Mass Shooting’s Bloody Images Add to Fervor in Gun DebateFootball Stadiums Belong in the SuburbsBiden Trails Trump as His Approval Rating Hits Low in ABC PollBuffett Reaffirms Abel as Heir, Blames Bank Leaders for FailuresPowell’s Bet Against  ( 39 min )
    World Markets Face ‘Minsky Moment’ Danger, Allianz Says
    (Bloomberg) -- Investors should brace for months of market readjustments overshadowed by the threat of a new “financial accident,” according to Allianz chief economist Ludovic Subran.Most Read from BloombergTexas Mass Shooting’s Bloody Images Add to Fervor in Gun DebateFootball Stadiums Belong in the SuburbsBiden Trails Trump as His Approval Rating Hits Low in ABC PollBuffett Reaffirms Abel as Heir, Blames Bank Leaders for FailuresPowell’s Bet Against Recession Looks Good — Minus the Credit Crun  ( 39 min )
    Chinese Bank Stocks Soar, Adding $166 Billion in Trading Frenzy
    (Bloomberg) -- The rally in Chinese financial shares intensified on Monday, with some banks posting their biggest single-day gains since the country’s 2015 equity bubble after more lenders cut their deposit rates and further progress on state-owned enterprise reform boosted investor sentiment.Most Read from BloombergTexas Mass Shooting’s Bloody Images Add to Fervor in Gun DebateFootball Stadiums Belong in the SuburbsBuffett Reaffirms Abel as Heir, Blames Bank Leaders for FailuresBiden Trails Tru  ( 38 min )
    3 Takeaways From the 2023 Berkshire Hathaway Annual Shareholders’ Meeting
    Warren Buffett addressed the banking turmoil, prospects for large acquisitions, and his hand-picked successor Greg Abel.  ( 22 min )
    Oil Kicks Off Week Higher as Traders Look to Demand, Dollar Sags
    (Bloomberg) -- Oil edged higher as investors assessed a complex outlook for global crude demand after a period of volatile trading and the dollar eased.West Texas Intermediate rose toward $72 a barrel after surging by more than 4% on Friday, when futures pared a steep weekly loss. While fears of a US recession and bank failures have rattled markets recently, pushing crude to the lowest intraday level since late 2021, physical demand signals suggest at least some of the recent weakness in prices  ( 39 min )
    Weekly biotech pulse: Big catalysts on tap for Sarepta, Roche, Eyenovia, and more
    By Vlad Schepkov  ( 39 min )
    A Battle Over the Debt Ceiling May Hit a Critical Juncture This Week. How It Could Unfold.
    The window of opportunity to hammer out a deal is closing. Bond markets have jitters.  ( 22 min )
    Summer Travel Demand Is Red Hot. It’ll Be Pricey, but Good for These Stocks.
    Airfares and hotel room rates are soaring as the market for international trips booms. Several companies stand to benefit in a big way.  ( 32 min )
    Hedge Funds Face Into Bank Turmoil With Epic Short Treasury Bets
    (Bloomberg) -- Hedge funds supercharged bearish Treasury bets to historic levels just days before the US banking turmoil took a turn for the worse and spurred a stampede for the world’s safest assets.Most Read from BloombergTexas Mass Shooting’s Bloody Images Add to Fervor in Gun DebateFootball Stadiums Belong in the SuburbsBank Stocks Nearing a Crisis-Era Threshold Raises Warning SignBuffett Reaffirms Abel as Heir, Blames Bank Leaders for FailuresBiden Trails Trump as His Approval Rating Hits L  ( 38 min )
    Binance Restarts Withdrawals of Bitcoin After Second Halt
    (Bloomberg) -- Binance, the largest crypto exchange, temporarily paused withdrawals of Bitcoin for the second time in less than 12 hours, citing congestion on the token’s network.Most Read from BloombergTexas Mass Shooting’s Bloody Images Add to Fervor in Gun DebateBuffett Reaffirms Abel as Heir, Blames Bank Leaders for FailuresBank Stocks Nearing a Crisis-Era Threshold Raises Warning SignFootball Stadiums Belong in the SuburbsKimora Lee Says $93 Million US Wants From Tim Leissner Is HersThe ste  ( 37 min )
    China’s Debt-to-GDP Ratio Rises to Record 279.7% on Credit Boom
    (Bloomberg) -- The Chinese economy’s debt ratio reached a record high in the first quarter of the year, with bank loans to companies surging as the nation reopened from Covid Zero.Most Read from BloombergTexas Mass Shooting’s Bloody Images Add to Fervor in Gun DebateFootball Stadiums Belong in the SuburbsBuffett Reaffirms Abel as Heir, Blames Bank Leaders for FailuresBiden Trails Trump as His Approval Rating Hits Low in ABC Poll‘We Just Want Someone Sane’: What Happens When a Small Town Goes MAG  ( 38 min )
    Billionaire Sea CEO Declares 5% Raises in Strong Rebound Signal
    (Bloomberg) -- Sea Ltd. said it is giving most employees a 5% pay increase after turning profitable, a milestone for the Singapore e-commerce and gaming company that slashed costs drastically during the technology industry’s downturn.Most Read from BloombergTexas Mass Shooting’s Bloody Images Add to Fervor in Gun DebateBuffett Reaffirms Abel as Heir, Blames Bank Leaders for FailuresBank Stocks Nearing a Crisis-Era Threshold Raises Warning SignFootball Stadiums Belong in the SuburbsKimora Lee Say  ( 38 min )
    AB InBev boss blames social media ‘misinformation’ for backlash against Bud Light
    News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 5 min )
  • Open

    Dow Jones Today: Index Flat on Inflation Lull
    Disney tops the box office and the Dow with Guardians of the Galaxy, but bad press helped push 3M lower.  ( 1 min )
    5 Things to Know Before Markets Open
    Federal data is expected to show a slower pace of bank lending and the White House is looking at a proposal to make airline compensate travelers for avoidable delays. Here’s what investors need to know today.  ( 1 min )
  • Open

    Liechtenstein wil bitcoin accepteren als betaalmiddel
    Inwoners van Liechtenstein mogen binnenkort voor bepaalde overheidsdiensten in bitcoins betalen. Dat zegt premier Daniel Risch in een interview met de Duitse zakenkrant Handelsblatt.  ( 3 min )
    Storing verholpen, ING-klanten kunnen weer geld overmaken naar eigen rekening
    ING heeft de storing waardoor klanten maandagochtend geen geld konden overmaken naar eigen bankrekeningen, inmiddels verholpen. Door een storing waren niet alle rekeningen zichtbaar in internetbankieren en de ING-app.  ( 3 min )
    Rechtszaak tussen Google en Sonos sleept zich in slakkengang voort
    Luidsprekerproducent Sonos en techgigant Google staan maandag weer tegenover elkaar in de rechtszaal in San Francisco. Het is een nieuw hoofdstuk in het al jaren slepende juridische conflict tussen de twee bedrijven. Sonos eist een schadevergoeding van 90 miljoen dollar (81,5 miljoen euro).  ( 4 min )
    EU wil Chinese bedrijven die Russisch leger helpen op zwarte lijst zetten
    Chinese bedrijven die onderdelen aan het Russische leger leveren, komen op een Europese zwarte lijst. Dat schrijft Financial Times op basis van uitgelekte documenten.  ( 3 min )
    Waarom vakbonden en DNB-president Knot anders naar loonsverhogingen kijken
    Als de lonen net zoveel stijgen als de inflatie, gaan de prijzen voor consumenten ook verder omhoog, waarschuwde DNB-president Klaas Knot zondag in Buitenhof. Vakbonden reageren fel. Ze vinden dat ondernemers genoeg vet op de botten hebben om de lonen te verhogen. Waar komt dit meningsverschil vandaan?  ( 5 min )
    Nederland heeft windenergiedoel uit klimaatakkoord (eindelijk) gehaald
    Eind 2022 stond er in Nederland meer dan 6 gigawatt aan windmolens op land, blijkt uit de nieuwe Monitor Wind op land van Rijksdienst voor Ondernemend Nederland. Daarmee werd eindelijk de doelstelling van het energieakkoord uit 2013 gehaald.  ( 3 min )
    ING-klanten kunnen door storing geen geld overboeken naar eigen rekeningen
    Klanten van ING hebben maandagmiddag opnieuw problemen met internetbankieren. Door een storing zijn niet alle rekeningen zichtbaar. Daardoor kunnen ze geen geld overboeken van een spaarrekening naar een betaalrekening.  ( 3 min )
    Waarom vakbonden en DNB-directeur Knot anders naar loonsverhogingen kijken
    Als de lonen net zoveel stijgen als de inflatie, gaan de prijzen voor consumenten ook verder omhoog, waarschuwde DNB-directeur Klaas Knot zondag in Buitenhof. Vakbonden reageren fel. Ze vinden dat ondernemers genoeg vet op de botten hebben om de lonen te verhogen. Waar komt dit meningsverschil vandaan?  ( 5 min )
    Spaarrente bij ASN, SNS en RegioBank ook omhoog
    Wie een spaarrekening bij SNS, RegioBank of ASN heeft, krijgt vanaf 15 mei een hogere rente. Daarmee volgt moederbedrijf de Volksbank zijn concurrenten Rabobank, ING en ABN AMRO.  ( 3 min )
    Harry Potter-spel Hogwarts Legacy levert ruim 1 miljard dollar op
    Hogwarts Legacy is de bestverkopende game die Warner Bros. Games ooit heeft uitgebracht. Sinds 10 februari is het Harry Potter-spel al meer dan vijftien miljoen keer verkocht. De spelontwikkelaar meldt dat de game al meer dan 1 miljard dollar (ruim 905 miljoen euro) heeft opgeleverd.  ( 3 min )
    NU+ | Internetkabels in Noordzee doelwit van sabotage: hoe kwetsbaar zijn we?
    De bodem van de Noordzee ligt vol met internetkabels. Rond die kabels zijn de laatste tijd verdachte Russische schepen gesignaleerd die ons internet zouden willen saboteren. Moeten we bang zijn dat ons internet uitvalt?  ( 4 min )
    PostNL maakt weer minder winst door afname pakketbezorging
    PostNL heeft in het eerste kwartaal veel minder winst geboekt dan een jaar eerder. Het postbedrijf ziet het winstcijfer al langere tijd dalen, doordat er minder pakketjes worden bezorgd.  ( 3 min )
    Albert Heijn om tafel met vakbonden: loonsverhogingen of weer lege schappen?
    Supermarktketen Albert Heijn gaat vandaag met vakbonden CNV en FNV om de tafel zitten. De inzet is een nieuwe cao voor de medewerkers van distributiecentra. De gesprekken zijn ook belangrijk voor de consument: als een akkoord uitblijft, dreigen nieuwe stakingen en dus opnieuw lege schappen.  ( 3 min )
    Werknemers Limburgse autofabriek Nedcar leggen werk voor twee dagen neer
    De vakbonden FNV Metaal en CNV Vakmensen hebben een tweedaagse staking bij de Limburgse autofabriek Nedcar aangekondigd. Maandag en dinsdag staakt het personeel. Eigenaar VDL heeft een ultimatum over een sociale regeling voor het personeel laten verlopen.  ( 3 min )
    Acht weken geen vliegverkeer op Maastricht Aachen Airport vanwege renovatie
    Maastricht Aachen Airport (MAA) is vanaf maandag acht weken lang gesloten. In die tijd wordt de start- en landingsbaan gerenoveerd. Dat is nodig vanwege slijtage van het asfalt. Daardoor kunnen kleine deeltjes loslaten en schade aan vliegtuigen veroorzaken.  ( 3 min )
    Supermarkten zeggen prijzen te verlagen, maar dat is consumentenbedrog
    De prijzen in de supermarkten schieten omhoog. Toch claimen veel ketens dat honderden producten goedkoper worden door acties. Maar volgens experts is dat een misvatting.  ( 4 min )

  • Open

    Insiders Pour Millions Into These 2 ‘Strong Buy’ Stocks — Here’s Why You Might Want to Steer Toward Them Too
    Trying to navigate the ups and downs of the stock market and predict its future direction can seem like a complicated and daunting task. But as with almost anything, keeping it simple is often the key. And one of the most straight forward strategies is to keep an eye out for the insiders’ moves. After all, these corporate officers are privy to their companies’ inner workings. When an insider is seen picking up shares of the company they work for, especially in bulk, it sends a clear signal that  ( 41 min )
    China Builders With Upcoming Lawsuits Just Got a ‘Wake-Up Call’
    (Bloomberg) -- Defaulted Chinese developers facing key court dates in coming weeks received an abrupt reminder that it’s actions not words that count in restructurings, if you want to avoid getting liquidated.Most Read from BloombergTexas Mass Shooting’s Bloody Images Add to Fervor in Gun DebateBuffett Reaffirms Abel as Heir, Blames Bank Leaders for FailuresBank Stocks Nearing a Crisis-Era Threshold Raises Warning SignKimora Lee Says $93 Million US Wants From Tim Leissner Is Hers‘We Just Want So  ( 39 min )
    Stocks Poised for Higher Open
    The Bureau of Labor Statistics reports the consumer price index for April on Wednesday. Economists expect a 5% rise from April 2022, matching March.  ( 22 min )
    Richest Man in Vietnam Reinforces Risky $8 Billion Wager on EVs
    (Bloomberg) -- It’s a familiar story: A business mogul parlaying much of his fortune into a massive bet on electric vehicles, only to fall on hard times.Most Read from BloombergBuffett Reaffirms Abel as Heir, Blames Bank Leaders for FailuresKimora Lee Says $93 Million US Wants From Tim Leissner Is Hers‘We Just Want Someone Sane’: What Happens When a Small Town Goes MAGABank Stocks Nearing a Crisis-Era Threshold Raises Warning SignYour Sunday US Briefing: Buffett’s Warning and Hungry AmericansPha  ( 42 min )
    There's a record $5.3 trillion is cash on the sidelines as investors get more bearish on stocks. Here's why that could mean big gains ahead.
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    Central banks are boosting stockpiles of gold in their reserves amid a backlash against the dollar
    Central banks added 228.4 tons of gold to global reserves in the first quarter, the World Gold Council reported.  ( 39 min )
    Warren Buffett's Berkshire Hathaway reveals it sold about $6 billion of Chevron stock last quarter
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    Devon Energy, JD.com, Roblox, TransDigm, KKR, and More Stocks to Watch This Week
    This week’s earnings reports include Airbnb, Brookfield, McKesson, PayPal, and Tyson Foods, Toyota Motor, and more.  ( 23 min )
    Carl Icahn's business empire just became Hindenburg's latest target. Here are some of the short seller's other big bets.
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    Dow Jones Futures: Market Roars, But Don't Go Wild Yet; AMD Leads Stocks Near Buy Points
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    Buffett on investing in EVs: 'You won't see anyone that owns the market'
    Legendary investor Warren Buffett explains why he's not too keen to get in on the EV trade.  ( 40 min )
    Buffett and Munger on Success, Toxicity and Elon Musk
    The Berkshire Hathaway CEO, with his business partner Charlie Munger, spent hours this weekend discussing life and career choices.  ( 26 min )
    Bank Stocks Nearing a Crisis-Era Threshold Raises Warning Sign
    (Bloomberg) -- The selloff in US bank shares is threatening to push them below a technical threshold that could signal more pain ahead for the broader stock market. Most Read from BloombergBuffett Reaffirms Abel as Heir, Blames Bank Leaders for FailuresJustice Thomas Ethics Review Questioned by US Court Leader in 2012Kimora Lee Says $93 Million US Wants From Tim Leissner Is HersRussia Says It Has Billions of Indian Rupees That It Can’t UseBond Traders Bet on Biggest Fed Shift in Decades on Credi  ( 40 min )
    Rolls-Royce mini-nukes project under threat as Bill Gates eyes bid
    Bill Gates is eyeing a bid to build Britain’s first mini-nuclear reactor in a direct challenge to Rolls-Royce which is scrambling to secure a government contract.  ( 38 min )
    Breaking down Buffett’s warning on earnings
    Berkshire Hathaway CEO Warren Buffett doesn’t have good news for you. "In the general economy, the feedback we get is that perhaps the majority of our businesses will actually report lower earnings this year than last year," Buffett said at Berkshire’s annual shareholders meeting on Saturday.  ( 46 min )
    Inflation, Disney, debt ceiling: What to know this week
    A fast-approaching deadline for the US government to raise the nation's borrowing limit should draw increased investor attention this week and over the balance of the month as earnings season winds down and the next Fed decision remains six weeks off.  ( 42 min )
    Many are worried about their bank accounts' safety — here's what they should know
    The FDIC's standard insurance covers up to $250,000 per depositor, per bank, for every account ownership category.  ( 42 min )
    Preferreds Get Burned in Historic Rout Spreading From Banks
    (Bloomberg) -- Investors are bailing on preferred shares at a historic clip because of the growing concern about the health of US regional banks. Most Read from BloombergBuffett Reaffirms Abel as Heir, Blames Bank Leaders for FailuresJustice Thomas Ethics Review Questioned by US Court Leader in 2012Russia Says It Has Billions of Indian Rupees That It Can’t UseKimora Lee Says $93 Million US Wants From Tim Leissner Is HersKing Charles Crowned in Spectacle Marking Turning Point for UKA $12.2 billio  ( 40 min )
    Top 5 Positions in Warren Buffett's Portfolio
    Find out which stocks are the largest positions in Warren Buffett's portfolio.  ( 24 min )
    TipRanks ‘Perfect 10’ List Unveils 2 Top Stocks That Offer Strong Growth and Solid Fundamentals
    Investors are always on the lookout for a reliable tool to separate the true sound stocks from those that are just riding the tide. That’s a job tailor-made for the Smart Score, a comprehensive data tool that collects and collates the aggregated data of the stock market – and returns a simple score for each of thousands of stocks. The Smart Score uses a set of sophisticated AI algorithms to evaluate every stock by a set of 8 factors – and the factors are all known to match up with future outperf  ( 42 min )
    Are Church Donations Tax-Deductible?
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    The Limit Does Exist: Legal & Savings Bank Withdrawal Limits
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    What to Consider Before Putting Your IRA in a Trust
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    Can My Beneficiaries Transfer Property Out of a Trust After I Die?
    After a grantor passes away, becoming the trustee can be daunting, especially if you're responsible for distributing property. Houses are among the most valuable assets in a family for financial and sentimental reasons. Therefore, it's critical to understand how to … Continue reading → The post How to Transfer Property Out of a Trust After Death appeared first on SmartAsset Blog.  ( 41 min )
    Maxed Out Your 401(k)? Try This Plan Next
    Are you maxing out the 401(k) plan you have at work every year? Do you still have money left for saving and investment after contributing the maximum to your 401(k) and maybe an IRA or two? If so, then you … Continue reading → The post Executive Deferred Compensation Plans appeared first on SmartAsset Blog.  ( 40 min )
    What Should You Invest in With a Roth IRA?
    When you're saving for retirement, there are a variety of accounts you could use. The Roth IRA, or individual retirement account, is one of those options. Roth IRAs offer more investment flexibility, as well as their own tax benefits. Understanding … Continue reading → The post Capital Gains Tax for Roth IRAs appeared first on SmartAsset Blog.  ( 40 min )
    Watch Out: The 5-Year-Rule Could Affect Your Roth Rollover Plans
    The Roth IRA has been called "the Swiss Army knife" of personal finance because of its flexibility and the tax-free status of its earnings. That's the reason so many retiring workers move to roll their workplace 401(k) accounts into a … Continue reading → The post Doing a Roth Rollover? Beware the 5-Year Rule appeared first on SmartAsset Blog.  ( 40 min )
    How to Avoid Depreciation Tax on Rental Property
    It can pay to be a responsible rental property owner. For instance, if you're always investing in your rental property and making improvements, not only will your tenants appreciate it and remain tenants longer, you can get a depreciation deduction … Continue reading → The post How to Avoid Depreciation Tax on Rental Property appeared first on SmartAsset Blog.  ( 40 min )
    Buy, Borrow, Die: This is How the Rich Avoid Taxes
    Investing money can help you build wealth, but taxes can take a big bite out of your earnings. Following a buy, borrow, die strategy is one way to minimize your tax liability and preserve more of your wealth. The concept … Continue reading → The post Buy, Borrow, Die: How the Rich Avoid Taxes appeared first on SmartAsset Blog.  ( 41 min )
    Apple Threatens To Take a Bite Out of Regional Banks
    Online apps, led by Apple, provide high-interest alternatives for deposit customers—even if they're not wary of the banking industry's recent turmoil.  ( 21 min )
    Single family homes for rent are getting more expensive. Here's where prices are going up
    Single-family rentals saw a 6% increase at the close of the first quarter of 2023 compared to the same period in 2022.  ( 39 min )
    Giant Pension Sells Electronic Arts and HP Stock, Buys Autoliv
    New York State Teachers’ Retirement System sold Electronic Arts and HP stock, and initiated an investment in Autoliv in the first quarter.  ( 22 min )
    The brief Age of the Worker is over – employers have the upper hand again
    The pandemic ushered in an era of ‘quiet quitting’ and ‘bare minimum Mondays’ but workers have since lost leverage  ( 39 min )
    Buy Treasuries, Sell Gold, and Other Ideas for a Fed Pause
    BofA has five ideas based on an analysis of asset returns in the three months after 10 “last hikes” of the past 50 years.  ( 22 min )
    3 Berkshire Hathaway CEOs on Buffett, Abel, and Managing for the Long Term
    The CEOs of Brooks Running, Dairy Queen, and See's Candies see big advantages to being part of Berkshire Hathaway. That will continue once Greg Abel succeeds Warren Buffett.  ( 23 min )
    U.S.-China Tensions Are Changing Manufacturing. 10 Funds That Could Benefit.
    Vietnam has long benefited from efforts to keep costs low as wages have risen in China, but the latest shift is broader and offers more opportunites.  ( 22 min )
    4 big deal reports: More tremors across regional banks
    Here is your Pro Recap of the biggest head-turning deal dispatches you may have missed this week: more market-moving headlines in regional banks Western Alliance and PacWest; JPMorgan officially picks up First Republic; First Horizon and TD Bank drop their planned merger; and Arconic gets taken out by Apollo. The regional bank shares experienced turbulence this week.  ( 39 min )
    Banks Are in the Grips of Investor Crisis of Confidence
    First Republic Bank’s failure demonstrates why lenders are vulnerable to a loss of faith.  ( 27 min )
    Tech Workers Aren’t as Rich as They Used to Be
    Stock declines have wiped out billions of dollars of paper gains meant for big-ticket expenses.  ( 21 min )
    Investors Flock to Safety Plays, but Stock ‘FOMO’ Lingers
    Investors are shying away from risk, turning to defensive stocks and Treasurys, yet they appear equally worried about missing out on a potential stock-market rally.  ( 27 min )
    Elon Musk dreams big and tackles impossible problems. Warren Buffett and Charlie Munger are happy to aim lower: 'We don't want that much failure'
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    Bitcoin or Gold? Big Investors Think It’s a No-Brainer.
    Between March and early May, money managers added heavily to their exposure to gold futures. Interest in Bitcoin has gone the opposite direction.  ( 22 min )
    Ukraine farmers risk losing their lives or livelihoods
    Across Ukraine, the war has forced grain growers into a vicious dilemma. Farmers in areas now free from Russian occupation are risking their lives to strip their land of explosives before the critical spring planting season. The dual crisis is causing many farmers to cut back on sowing crops.  ( 47 min )
    Barrick Gold boss hunts for takeover targets
    News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 5 min )
    Warren Buffett shrugs off de-dollarization fears but warns excessive government spending may have serious fallout
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    China’s Gold Splurge Reaches Sixth Month as Reserves Rise Again
    (Bloomberg) -- China added to its gold reserves for a sixth straight month, extending a flurry of purchases as central banks around the world expand their holdings of bullion amid escalating geopolitical and economic risks.Most Read from BloombergBuffett Reaffirms Abel as Heir, Blames Bank Leaders for FailuresKimora Lee Says $93 Million US Wants From Tim Leissner Is Hers‘We Just Want Someone Sane’: What Happens When a Small Town Goes MAGABank Stocks Nearing a Crisis-Era Threshold Raises Warning  ( 38 min )
    Apple is a better business than Geico, See's Candies, and the rest of Berkshire Hathaway's companies, Warren Buffett says
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    Warren Buffett strikes a dour tone on the US economy, warning the easy-money era is over
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    Stock Traders Hunt for Winners in Asia as Fed’s Policy Turns
    (Bloomberg) -- The growing likelihood of a US recession and a pause in the Federal Reserve’s rate hikes is reshaping the global landscape, and prompting Asia’s stock pickers to recalibrate their bets.Most Read from BloombergJustice Thomas Ethics Review Questioned by US Court Leader in 2012Russia Says It Has Billions of Indian Rupees That It Can’t UseKing Charles Crowned in Spectacle Marking Turning Point for UKKimora Lee Says $93 Million US Wants From Tim Leissner Is HersBiden Not Ready Yet to I  ( 39 min )
  • Open

    Keogh Plan: Definition, Types, Advantages & Disadvantages
    A Keogh plan is a tax-deferred pension plan available to self-employed individuals or unincorporated businesses for retirement purposes.  ( 20 min )
    Long-Term Capital Gains and Losses: Definition and Tax Treatment
    A long-term capital gain or loss comes from a qualifying investment that was owned for longer than 12 months before being sold.  ( 21 min )
    The Ultimate Guide to Amex Membership Rewards
    Our comprehensive guide to the American Express Membership Rewards program.  ( 30 min )
    Statistics in Math: Definition, Types, and Importance
    Statistics is the collection, description, analysis, and inference of conclusions from quantitative data. People who do statistics are referred to as statisticians.  ( 28 min )
    What Is Volume of a Stock, and Why Does It Matter to Investors?
    Volume refers to the number of shares or contracts traded in an asset or security over a period of time, usually over the course of a trading day.  ( 25 min )
    Greg Abel: Warren Buffett's Successor's Life, Salary, and Accomplishments
    Greg Abel is the next-in-line to be the Berkshire Hathaway CEO when Warren Buffet steps down or passes away.  ( 24 min )
    What Is a Bank Run? Definition, Examples, and How It Works
    A bank run is when many customers withdraw their deposits simultaneously over concerns about the bank's solvency. Learn what governments do to try to prevent bank runs.  ( 26 min )
    Intermarket Relationships: Following the Cycle
    Learn more about the interactions between commodity, bond, stock, and currency markets.  ( 21 min )
    Top 5 Positions in Warren Buffett's Portfolio
    Find out which stocks are the largest positions in Warren Buffett's portfolio.  ( 24 min )
    What Is Sector Rotation? How It Works and Importance in Investing
    Sector rotation is the movement of money in the stock market from one industry to another as investors anticipate the next stage of the economic cycle.  ( 19 min )
    Five Percent Rule Definition
    The five percent rule requires brokers to use fair and ethical practices when setting commission rates on over-the-counter​​​​​​​ transactions.  ( 19 min )
    Consumers Rack Up Record Credit Card Debt as Pandemic Savings Dwindle
    Credit card debt is growing fast, and one possible reason is that more people are putting more expenses on plastic because they can’t cover all their bills with cash.  ( 16 min )
    Simple-Interest Mortgage: Meaning and Benefits
    A simple-interest mortgage is a home loan where interest is calculated on a daily basis instead of a monthly basis.  ( 21 min )
    Apple Threatens To Take a Bite Out of Regional Banks
    Online apps, led by Apple, provide high-interest alternatives for deposit customers—even if they're not wary of the banking industry's recent turmoil.  ( 20 min )
    Sales Price Variance: Definition, Formula, Example
    Sales price variance is the difference between the price a business expects to sell its products or services for and what it actually sells them for.  ( 18 min )
    Warehouse-to-Warehouse Clause Definition
    A warehouse-to-warehouse clause in an insurance policy provides financial protection of cargo in transit, from the origin to the destination warehouse.  ( 19 min )
    Fat Man Strategy Definition
    The fat man strategy is a defensive move against a company buyout. It involves bulking up with assets and debt to make it an unattractive target.  ( 18 min )
    Scale Out Definition
    Scaling out is selling portions of the total shares held while the price increases.  ( 18 min )
    Country Club Billing
    Country club billing is a former system that credit card companies used until the 1970s involving sending copies of original sales drafts to cardholders.  ( 17 min )
    Focus List Definition and Uses
    A focus list is a list of recommended stocks published by an investment firm's research department. It's typically a short list of their best trade ideas.  ( 19 min )
    Augmented Reality (AR) Defined, with Examples and Uses
    Augmented reality (AR) is the modification of a real-life environment by the addition of sound, visual elements, or other sensory stimuli.  ( 19 min )
    Peer Perform Definition
    Peer perform is an investment rating that sell-side analysts use when a given security provides returns consistent with those of other companies in its sector.  ( 18 min )
    How Mortgage Interest Is Calculated?
    Your mortgage interest rate depends on a variety of factors, including the type of loan (fixed or adjustable) and the loan term (such as 30 years). Learn more.  ( 25 min )
  • Open

    Apple Threatens To Take a Bite Out of Regional Banks
    Online apps, led by Apple, provide high-interest alternatives for deposit customers—even if they're not wary of the banking industry's recent turmoil.  ( 1 min )
  • Open

    Sparen iets aantrekkelijker na renteverhogingen, maar geen vetpot
    De spaarrentes zijn in een jaar tijd omhoog gekropen, nadat de Europese Centrale Bank (ECB) stap voor stap het rentetarief is gaan verhogen. Sparen is zo iets aantrekkelijker geworden. Maar de rentes gaan traag omhoog en door de inflatie word je van sparen nog lang niet slapend rijk.  ( 7 min )
    Mannen zijn schaars in de kinderopvang: 'Het probleem zit bij de ouders'
    Hoewel ze in de kinderopvang schaars zijn, wordt er nauwelijks ingezet op het vinden van mannen die een switch naar de kinderopvang willen maken. Dat is jammer, vindt Gjalt Jellesma, voorzitter van de Belangenvereniging van Ouders in de Kinderopvang. "Want meer mannen op de werkvloer, dat is juist een verrijking."  ( 6 min )

  • Open

    Budget Deficit: Causes, Effects, and Prevention Strategies
    A budget deficit occurs when expenditures exceed revenue and is the term commonly used to refer to government spending and national debt.  ( 23 min )
    M1 Finance vs. Betterment: Which Should You Choose?
    M1 Finance and Betterment are top robo-advisors that offer different services. M1's forté is automated investing, without advice. Betterment offers automated investing and financial planning.  ( 27 min )
    What Are Qualified Dividends, and How Are They Taxed?
    A qualified dividend is a payment to owners of stock shares that meets the IRS criteria for taxation at the capital gains tax rate.  ( 25 min )
    Berkshire Hathaway Posts $35.5 Billion Profit, Cash Rises to $130 Billion
    Warren Buffet's conglomerate saw its Apple investment and insurance business adding to gains, while cash continued to pile up amid a dealmaking drought.  ( 17 min )
    Can I Fund a Roth IRA and Contribute to My Employer’s Retirement Plan?
    Can you contribute to a 401(k) and Roth IRA? The short answer is yes, but make sure that you understand these rules, regulations, and limitations.  ( 24 min )
    What Is Bitcoin Halving? Definition, How It Works, Why It Matters
    Bitcoin halving explained. Find out about Bitcoin's halving process works and what it means for Bitcoin's price and its users.  ( 22 min )
    Cryptocurrency Regulations Around the World
    Cryptocurrencies continue to gain traction with investors around the world. Explore how leading countries are regulating the emerging asset class.  ( 28 min )
    Tight Inventory Caused Homes to Sell Quickly in April
    Sales usually drop in April, after peaking in March; this year the Spring peak has yet to arrive.  ( 17 min )
    What Is Prince Harry and Meghan Markle’s Net Worth?
    Prince Harry and Meghan Markle have made millions through lucrative business and media deals since stepping down as senior members of the British royal family.  ( 19 min )
    Earnings Beat of the Week: MGM Resorts Tops Expectations on Casino Traffic
    Casino operator MGM Resorts (MGM) beat expectations for first-quarter net income and revenue as the company benefited from higher traffic in its Las Vegas and Macau resorts.  ( 17 min )
  • Open

    Banking turmoil is far from over. Bill Ackman, Jeffrey Gundlach, and Mohamed El-Erian have renewed their warnings about unresolved risks.
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    This 6.7%-Yielding Dividend ETF Is Outperforming With Its Unique Emerging Markets Strategy
    The Pacer Emerging Markets Cash Cows 100 ETF (NASDAQ:ECOW) is the ETF in the Cash Cows family that covers emerging market equities. With a yield of 6.7% and a focus on emerging market companies that sport high free cash flow yields, the ETF looks attractive and has outperformed some of the other major emerging markets ETFs in recent years. Therefore, let’s take a closer look at ECOW. Cash Rules Everything Around Me We’ve recently covered some of the other Cash Cows, like the popular Pacer US Cas  ( 42 min )
    Buffett Reaffirms Abel as Heir, Blames Bank Leaders for Failures
    (Bloomberg) -- Warren Buffett faced question after question about one thing in particular at Berkshire Hathaway Inc’s annual meeting on Saturday: His successor. Most Read from BloombergJustice Thomas Ethics Review Questioned by US Court Leader in 2012Russia Says It Has Billions of Indian Rupees That It Can’t UseKing Charles Crowned in Spectacle Marking Turning Point for UKKimora Lee Says $93 Million US Wants From Tim Leissner Is HersBiden Not Ready Yet to Invoke 14th Amendment to Avoid US Defaul  ( 41 min )
    Buffett on the regional bank crisis: 'Messed up' incentives and 'poor' communication
    The Oracle of Omaha made it clear that he is still cautious about holding many bank stocks amid the recent volatility.  ( 41 min )
    Warren Buffett's Berkshire Hathaway sold a net $10 billion of stocks last quarter - but ramped up buybacks to over $4 billion
    Warren Buffett's company was a net seller of stocks, boosted its buybacks, and grew its cash pile in the first quarter.  ( 39 min )
    Warren Buffett: 'We're not going to buy control' of Occidental
    Despite speculation, Berkshire Hathaway doesn't want to own a controlling share of Occidental Petroleum, Warren Buffett said on Saturday.  ( 40 min )
    Amazon launches free channels, check marks come to Gmail and OpenAI raises more moolah
    For those new to the scene, WiR is TechCrunch's regular newsletter that recaps the biggest tech stories over the past few days. Before we get into the meat of the thing, a quick reminder that TC City Spotlight: Atlanta is fast approaching. On June 7, TechCrunch is headed to Atlanta, where we'll host a pitch competition, a talk on the economics of equality, a panel discussion on investing in the Atlanta ecosystem and more.  ( 42 min )
    Dollar dominance isn't going anywhere. Here are 5 myths about de-dollarization.
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    Berkshire Won’t Be Investing In Automakers, Buffett Says
    Berkshire Hathaway (ticker: BRK.A, BRK.B) isn’t likely to invest in shares of automakers like General Motors (GM) or Ford Motor (F), CEO Warren Buffett said at the company’s annual shareholders’ meeting on Saturday. “Charlie \[Munger\] and I have long felt that the auto business is just too tough,”  ( 27 min )
    Buffett Says Berkshire Remains On the Hunt for an ‘Elephant-Sized’ Acquisition
    Berkshire Hathaway (ticker: BRK.A, BRK.B) has nearly $130 billion in cash and Treasury bills on its balance sheet. There’s ongoing speculation about what the company might do with all that dry powder. At Berkshire’s annual shareholders’ meeting on Saturday, CEO Warren Buffett said that he would rat  ( 28 min )
    Berkshire Won’t Offer to Control Occidental, Buffett Says
    (Bloomberg) -- Berkshire Hathaway Inc. won’t make an offer for full control of Occidental Petroleum Corp., Warren Buffett said on Saturday. Most Read from BloombergJustice Thomas Ethics Review Questioned by US Court Leader in 2012Russia Says It Has Billions of Indian Rupees That It Can’t UseKing Charles Crowned in Spectacle Marking Turning Point for UKKimora Lee Says $93 Million US Wants From Tim Leissner Is HersBiden Not Ready Yet to Invoke 14th Amendment to Avoid US DefaultThe company may or m  ( 38 min )
    Fed Is About to Find Out If It Can Afford to Pause Rates
    (Bloomberg) -- US inflation data in the coming week will provide clues about whether the Federal Reserve can pause its series of interest-rate hikes at next month’s meeting. Most Read from BloombergJustice Thomas Ethics Review Questioned by US Court Leader in 2012Russia Says It Has Billions of Indian Rupees That It Can’t UseKing Charles Crowned in Spectacle Marking Turning Point for UKKimora Lee Says $93 Million US Wants From Tim Leissner Is HersBiden Not Ready Yet to Invoke 14th Amendment to Av  ( 41 min )
    Bond Traders Bet on Biggest Fed Shift in Decades on Credit Risks
    (Bloomberg) -- Fresh fears over a recession-inducing credit crunch are spurring bond bulls to ramp up bets that the Federal Reserve will embark on the most abrupt policy shift in almost four decades.Most Read from BloombergJustice Thomas Ethics Review Questioned by US Court Leader in 2012Russia Says It Has Billions of Indian Rupees That It Can’t UseKing Charles Crowned in Spectacle Marking Turning Point for UKKimora Lee Says $93 Million US Wants From Tim Leissner Is HersBiden Not Ready Yet to In  ( 39 min )
    Berkshire Hathaway Posts $35.5 Billion Profit, Cash Rises to $130 Billion
    Warren Buffet's conglomerate saw its Apple investment and insurance business adding to gains, while cash continued to pile up amid a dealmaking drought.  ( 18 min )
    Berkshire’s Youngest Shareholders Vie for Chance to Question Warren Buffett
    At least one child is usually selected to ask the storied investor a question during the annual meeting.  ( 22 min )
    Buffett Says Streaming Remains a Challenging Business, Sticks With Paramount
    CEO Warren Buffett addressed Berkshire Hathaway’s (ticker: BRK.A, BRK.B) investment in Paramount Global (PARA) at the company’s annual shareholders’ meeting in Omaha on Saturday. The media company is in the midst of an expensive transition from legacy businesses in cable TV and movies to a streaming  ( 24 min )
    Warren Buffett sticks with Bank of America as crisis rocks bank stocks
    Warren Buffett gives a thumbs up on Bank of America stock even as Berkshire has pared back its investments in the financial sector in the last few years.  ( 40 min )
    This Week in Coins: Bitcoin and Ethereum Stand Still After Fed Rate Hike
    Crypto is fast becoming a hot topic among expected 2024 U.S. Presidential candidates.  ( 39 min )
    Warren Buffett: 'Apple is not 35% of Berkshire's portfolio'
    Berkshire's entire equity security holdings don't account for a third of the company's entire assets.  ( 40 min )
    Ex-Yahoo CEO Marissa Mayer admits spending $4B for Netflix—now worth over $140B—would’ve been a better ‘transformative acquisition’ than Tumblr
    Mayer, like Blockbuster executives, would later regret her thinking on Netflix.  ( 39 min )
    Can I Fund a Roth IRA and Contribute to My Employer’s Retirement Plan?
    Can you contribute to a 401(k) and Roth IRA? The short answer is yes, but make sure that you understand these rules, regulations, and limitations.  ( 24 min )
    Warren Buffett on investing: 'Be a no-emotion person' in matters of business
    Warren Buffett to investors: In business, it's best not let your emotions get ahead of you.  ( 40 min )
    Wall Street Is in No Mood to Celebrate the Fed’s Last Rate Hike
    (Bloomberg) -- Markets may have just survived the last of the most aggressive rate hikes in four decades. Few on Wall Street are celebrating.Most Read from BloombergJustice Thomas Ethics Review Questioned by US Court Leader in 2012King Charles Crowned in Spectacle Marking Turning Point for UKRussia Says It Has Billions of Indian Rupees That It Can’t UseKimora Lee Says $93 Million US Wants From Tim Leissner Is HersSEC Investigates Trades by First Republic Executives Before Sale to JPMorganIf Wedn  ( 40 min )
    Buffett’s TSMC Sale Due to Geopolitical Concerns
    CEO Warren Buffett sold Berkshire Hathaway’s (ticker: BRK.A, BRK.B) more-than $4 billion stake in Taiwan Semiconductor Manufacturing Company (TSM) only a few months after acquiring the shares late last year. The Taiwanese semiconductor maker is the world’s leading producer of cutting-edge chips. Bu  ( 25 min )
    Airbnb Stock: Is It A Buy Or Sell? Here's What Fundamentals, ABNB Stock Chart Action Say
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    Buffett: 'Catastrophic' to let SVB depositors lose their money
    The Berkshire CEO said if the US government had not protected all depositors at Silicon Valley Bank, it would have disrupted the world's financial system.  ( 39 min )
    Cryptocurrency Regulations Around the World
    Cryptocurrencies continue to gain traction with investors around the world. Explore how leading countries are regulating the emerging asset class.  ( 28 min )
    Buffett and Munger Disagree on the Future of Value Investing
    Legendary value investors Warren Buffett and Charlie Munger see divergent paths for value investors in the coming years. The Berkshire Hathaway (ticker: BRK.A, BRK.B) managers were responding to shareholders’ questions at the company’s annual meeting in Omaha on Saturday. “I think value investors a  ( 28 min )
    Berkshire Hathaway 2023: Warren Buffett says managers were 'surprised' by the economy
    Warren Buffett kicked off the Berkshire Hathaway annual meeting with a read on the US economy.  ( 39 min )
    Gold Investors Turn to Gold IRAs Amid Economic Uncertainty
    These investment vehicles work like regular IRAs, but with some additional regulations  ( 25 min )
    Berkshire Hathaway Kicks Off Annual Meeting With Big Jump in Earnings
    Warren Buffett and right-hand man Charlie Munger are scheduled to answer roughly 60 questions from the public during the company’s annual meeting.  ( 26 min )
    Oil Crash Sends Speculators Fleeing at Fastest Pace in Six Weeks
    (Bloomberg) -- Speculators are once again fleeing the oil market, setting the stage for more extreme price swings. Most Read from BloombergJustice Thomas Ethics Review Questioned by US Court Leader in 2012Russia Says It Has Billions of Indian Rupees That It Can’t UseKing Charles Crowned in Spectacle Marking Turning Point for UKSEC Investigates Trades by First Republic Executives Before Sale to JPMorganPeter Thiel Says Moving to Florida from Silicon Valley Is Too ExpensiveMoney managers dumped th  ( 39 min )
    AMD Stock, AI Play And New S&P 500 Member Lead 5 Stocks Near Buy Points
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    10 Things Everyone Should Do to Keep Their Finances in Order
    Getting your financial footing can be a challenge when you're young, especially if you have student loan payments or a new mortgage make you feel penniless. However, it's never too early to start financial planning. By creating a budget, improving … Continue reading → The post 10 Financial Planning Tips for Young Adults appeared first on SmartAsset Blog.  ( 42 min )
    Warren Buffett’s Berkshire Hathaway dumps billions of dollars of US stocks
    News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 5 min )
    These 3 Savings Accounts Can Earn You the Most Money
    There are many types of savings accounts. Money market accounts can earn higher interest rates than traditional savings accounts. But CDs can often earn even higher rates. However, there are pros and cons to each type of account that goes … Continue reading → The post Which Savings Account Will Earn You the Most Money? appeared first on SmartAsset Blog.  ( 40 min )
    How Many Years Do I Have to Work to Retire?
    The basic concept of retirement is straightforward. If you work a certain number of years and then you are able to stop working and simply enjoy life. What's not so simple is knowing how many years you have to work … Continue reading → The post How Many Years Do You Have to Work to Retire? appeared first on SmartAsset Blog.  ( 40 min )
    Is My Money Safe in the Bank?
    In recent months the FDIC has managed two of the largest bank failures in U.S. history. The collapse of Silicon Valley Bank (SVB) and Signature Bank happened shockingly fast. And First Republic wasn't far behind. Consumers have plenty of questions, as … Continue reading → The post Is My Money Safe in the Bank? appeared first on SmartAsset Blog.  ( 41 min )
    How to Afford Your Ideal Retirement Lifestyle
    There's a lot to consider when it comes to retirement planning, starting with what kind of lifestyle you'd like to enjoy. For some retirees, it involves travel. For others, it can mean moving to a new location to be closer … Continue reading → The post How to Determine Your Retirement Lifestyle appeared first on SmartAsset Blog.  ( 41 min )
    King Charles Inherits Bulging Royal Purse Thanks to Property Boom
    Behind the royal wealth is a booming real-estate portfolio of bucolic farms, wholesale warehouses and prime London offices that has helped cover a royal spending spree.  ( 22 min )
    Berkshire’s Operating Profit Rose 12.6%, Topping Expectations
    The Warren Buffett-led conglomerate bought back $4.4 billion of stock in the period, up from the fourth quarter but below 2020 and 2021 levels.  ( 22 min )
    Berkshire Hathaway Boosts Pace of Share Buybacks to $4.4 Billion
    (Bloomberg) -- Berkshire Hathaway Inc. bought back $4.4 billion of stock, an increase from the same period last year, as Warren Buffett’s sprawling conglomerate confronted turbulent markets that offered fewer of the blockbuster deals the investor is renowned for.Most Read from BloombergRussia Says It Has Billions of Indian Rupees That It Can’t UseJustice Thomas Ethics Review Questioned by US Court Leader in 2012Peter Thiel Says Moving to Florida from Silicon Valley Is Too ExpensiveSEC Investigat  ( 38 min )
    What Investors Should Know About Money-Market Funds and CDs
    Investors are turning to these cash-equivalent investments, some of which are yielding 5% or more. But it pays to have a strategy beyond fear.  ( 26 min )
    The Reverse 4% Rule Puts Retirement Income, Spending Into Perspective
    A part-time job is like temporarily having a bigger nest egg while splurging on that luxury SUV will lower your spending for your entire retirement.  ( 22 min )
    These are the 4 jobs that are set to disappear in a decade, and the ones that will take over
    Consider the fax machine: All kinds of new tech roles are on the way in, and admin roles are out. There's still time to pivot.  ( 39 min )
    Apple, Pepsi, and 4 More Companies That Raised Their Stock Dividends This Week
    PepsiCo said it will raise its quarterly payout to $1.265 a share, an increase of 10% from $1.15.  ( 23 min )
    The Regional Bank Selloff Visualized
    A look at the health of six regional banks.  ( 20 min )
    Are Swiss banks still hoarding Nazi gold?
    In a storage room in Buenos Aires, an Argentinian investigator made a discovery that would reverberate through a boardroom more than 7,000 miles away.  ( 40 min )
    Mario Gabelli, John Rogers, and 3 other Warren Buffett experts just weighed in on the banking turmoil, pressure on house prices, and some of the investor's biggest bets. Here are their 10 best quotes.
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    Apple stock price surge adds $135 billion to its market value after solid earnings beat. Here's what Wall Street is saying about the report.
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    Banking 'cancer' may be spreading as otherwise healthy firms seem vulnerable and credit gets pulled from the economy, Mohamed El-Erian says
    No content preview
    Russia says there's a problem with billions of rupees it has in India that need to be converted
    "As for rupees, this is a problem because there are billions of rupees accumulated in accounts at Indian banks and we need to use this money."  ( 38 min )
  • Open

    Explainer | Hoe weten we of er een recessie aankomt?
    Voorspellen of er een recessie aankomt is geen exacte wetenschap. Toch zijn er een aantal punten waarop economen kunnen letten, zoals het aantal werklozen en uitgaven van huishoudens. Wat kunnen deze gegevens ons vertellen over een mogelijke recessie?  ( 3 min )
    Bliksem, aanrijdingen en papierwerk zitten Transavia dwars
    Transavia moest de afgelopen weken tientallen vluchten schrappen en ook de komende tijd zitten reizigers nog in onzekerheid. De vliegmaatschappij houdt veel toestellen aan de grond, waardoor vele duizenden vakantiegangers zijn gedupeerd. Wat gaat er mis?  ( 4 min )
    Vakbonden kondigen tweedaagse staking bij Limburgse autofabriek Nedcar aan
    De vakbonden FNV Metaal en CNV Vakmensen hebben voor maandag en dinsdag een tweedaagse staking bij de Limburgse autofabriek Nedcar aangekondigd. Eigenaar VDL heeft een ultimatum over een sociale regeling voor het personeel laten verlopen.  ( 3 min )
    Ook in laatste weekend meivakantie geen hele lange rijen op Schiphol
    Het laatste weekend van de meivakantie verloopt tot nu toe zonder problemen op Schiphol. De luchthaven verwacht zaterdag veel mensen die terugkeren van vakantie. Maar de drukte leidt niet tot hele lange rijen.  ( 3 min )
    NU+ | Waarom het ene land stopt met kernenergie en het andere centrales bouwt
    In hetzelfde weekend dat Duitsland het hoofdstuk kernenergie definitief afsloot, opende Finland een nieuwe kerncentrale. De interesse in nucleaire energie groeit in Europa, net als de discussie erover. "Europese grootmachten staan lijnrecht tegenover elkaar."  ( 4 min )
    NU+ | Waarom Europese landen totaal verschillend met kernenergie omgaan
    In hetzelfde weekend dat Duitsland het hoofdstuk kernenergie definitief afsloot, opende Finland een nieuwe kerncentrale. De interesse in nucleaire energie groeit in Europa, net als de discussie erover. "Europese grootmachten staan lijnrecht tegenover elkaar."  ( 4 min )
  • Open

    Markets Lifted by Bank Stocks, Apple
    U.S. equities jumped higher on May 5, 2023, as shares of regional banks bounced back from the previous day's losses.  ( 1 min )
  • Open

    Carvana Shares Jump on Smaller Loss, Outlook
    Online used car retailer Carvana (CVNA) posted better-than-expected results and said its adjusted earnings would be positive for the current quarter.  ( 1 min )

  • Open

    The Fed Is Set Up for a Pause. Why the Stock Market Is Set for a Fall.
    Banking turmoil continues, rates were still raised, and the risk/reward argues for waiting to but the stock market.  ( 23 min )
    Oil Takes a Surprise Tumble. Blame Soft Demand in China.
    After OPEC cut output in April, most observers expected oil prices to rise. Instead, a slower Chinese recovery sent prices sliding. The question now: How will OPEC react?  ( 23 min )
    A mysterious Indian firm likely tied to Russia's Rosneft amassed an enormous tanker fleet in just 18 months and has become a top shipper of Russian crude, report says
    It's unclear who owns the company, though industry experts have suggested it is likely tied to Rosneft, Russia's largest state-run oil firm.  ( 39 min )
    Ballooning US debt is a big worry, stocks may get squeezed, and Warren Buffett's Occidental bet is a master stroke, veteran investor Tom Russo says
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    Warner Bros. Discovery Sees Streaming Profits Sooner Than Expected
    Despite the success of its streaming business, the media company’s revenue fell in the first quarter.  ( 26 min )
    Kimora Lee Says $93 Million US Wants From Tim Leissner Is Hers
    (Bloomberg) -- Kimora Lee, the former model and ex-wife of former Goldman Sachs Group Inc. banker Tim Leissner, is claiming shares worth around $93 million that he was ordered to forfeit as part of his 1MDB guilty plea actually belong to her.Most Read from BloombergPeter Thiel Says Moving to Florida from Silicon Valley Is Too ExpensiveHeavy Marijuana Use Increases Schizophrenia in Men, Study FindsApple Buoys Wall Street, Keeping Doubts on Future Growth at BayJPMorgan Sees Investors Moving to Gol  ( 39 min )
    OpenAI CEO Sam Altman says the remote work ‘experiment’ was a mistake—and ‘it’s over’
    Altman said one of the tech industry's biggest mistakes was thinking "startups didn't need to be together."  ( 39 min )
    The CEO of a massive private equity firm says he knows exactly what’s going on with the ‘non-recession’ recession we’re having right now
    All the rules say the U.S. should be in recession, but a billionaire investor says it's being contained to the rich.  ( 40 min )
    Dow Jones Roars Back, But Don't Go Wild Just Yet. What Investors Should Do Now.
    No content preview
    Apple Defies the Trend. Why There’s Still Time to Buy the Stock.
    Smartphone shipments were down 13% in the first quarter industrywide, but Apple still managed to grow its iPhone sales.  ( 22 min )
    Adnoc, Apollo Offer $7.6 Billion for Brazil’s Braskem
    (Bloomberg) -- Braskem SA, one of the world’s top petrochemicals makers, received an offer of as much as 37.5 billion reais ($7.6 billion) from Abu Dhabi National Oil Co. and Apollo Global Management, according to people familiar with the matter. Most Read from BloombergPeter Thiel Says Moving to Florida from Silicon Valley Is Too ExpensiveHeavy Marijuana Use Increases Schizophrenia in Men, Study FindsApple Buoys Wall Street, Keeping Doubts on Future Growth at BayBMW Warns Owners ‘Do Not Drive’  ( 39 min )
    Top CD Rates Today, May 5
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 18 min )
    Nvidia Stock Nearly Doubles In 2023 Amid AI Frenzy — Is It A Buy?
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    'A debacle in the financial markets ... will definitely have collateral damage in oil,' says analyst
    Lower oil prices have played out in tandem with the regional banking turmoil.  ( 39 min )
    Stocks close higher amid strong jobs data, regional bank recovery
    U.S. stocks closed Friday's trading session sharply higher as investors digested the Labor Department's closely watched April jobs report, which showed the U.S. labor market remains strong. Revisions for February and March numbers gave Wall Street hope the Fed would pause its rate hikes.  ( 41 min )
    Goldman Sachs Sees at Least 50% Gains in These 3 Chinese Stocks — Here’s Why They Could Soar
    In some important ways, the Chinese economy has lagged the US in recent years. The country held on to anti-COVID lockdown policies much longer than most others, but after nearly three years of restrictions it has finally been opening up. The result is a strong surge in growth, according to recent Chinese government data. The country’s GDP grew 4.5% in 1Q23, compared to 2.9% in 4Q22. A particular strength noted in the Chinese data was the 10.6% increase in March’s retail sales. Weaknesses include  ( 43 min )
    Are banks the new meme stocks?
    Amateur traders are making new bets against regional bank stocks as volatility continues to roil the industry.  ( 41 min )
    Nanobiotix Stock Triples In Trading Session: What's Going On With Stock On Friday
    Nanobiotix (NASDAQ: NBTX) shares gained more than 200% on Friday trading after it entered into final contract negotiations with a major global pharmaceutical company. In its Q4 earnings release, Nanobiotix raised going concerns. The company noted net losses of €57.0 million in 2022 and a net decrease in cash and cash equivalents of €42.5 million in 2022. Nanobiotix stock is gaining on heavy volume, with a session volume of 30.262 million shares traded. The company agreed to a non-binding term sh  ( 38 min )
    Jenny Craig, the Once-Highflying Weight-Loss Brand, Is Going Out of Business After 40 Years
    The company was famous for its personalized meal plans and celebrity endorsements.  ( 25 min )
    ‘No One Wants to Be Short’ Into Weekend Is Mantra Driving Bank Rally
    (Bloomberg) -- Friday’s staggering rally in the shares of beleaguered regional banks may have a simple explanation: short-covering. Most Read from BloombergPeter Thiel Says Moving to Florida from Silicon Valley Is Too ExpensiveHeavy Marijuana Use Increases Schizophrenia in Men, Study FindsApple Sees Biggest Rally of the Year After Sales Top EstimatesJPMorgan Sees Investors Moving to Gold, Tech Amid Recession RiskBMW Warns Owners ‘Do Not Drive’ 90,000 Cars Recalled Over Defective AirbagThe $2.7 b  ( 40 min )
    US Consumer Borrowing Climbs on Surge in Credit Card Balances
    (Bloomberg) -- US consumer borrowing increased in March by more than expected on one of the largest spikes in credit-card balances on record.Most Read from BloombergRussia Says It Has Billions of Indian Rupees That It Can’t UseJustice Thomas Ethics Review Questioned by US Court Leader in 2012SEC Investigates Trades by First Republic Executives Before Sale to JPMorganPeter Thiel Says Moving to Florida from Silicon Valley Is Too ExpensiveThe 29 Credit Card Perks You’re Probably Not UsingTotal cred  ( 38 min )
    Apple isn’t playing the AI hype game
    The one thing missing from Apple's earnings call? A sense of AI hype.  ( 40 min )
    The big Boeing question hanging over Spirit AeroSystems
    Should Boeing buy back Spirit? The question is rippling through the aerospace industry.  ( 16 min )
    Forget Home Depot and Lowe’s. Here’s the Home Improvement Stock to Buy Now.
    The home improvement market’s traditionally strong spring season has been a lackluster one.  ( 23 min )
    What's Going On With PacWest Shares Today
    Shares of PacWest Bancorp (NASDAQ: PACW) are trading higher amid a rebound after the stock fell over 50% when the bank issued an update this week confirming reports it was weighing strategic options. What Happened? PacWest Bancorp on Wednesday issued a business update, confirming reports indicating it was weighing strategic options. The bank said potential partners and investors have approached it and "will continue to evaluate all options to maximize shareholder value." The news pressured the b  ( 38 min )
    American worker productivity is declining at the fastest rate in 75 years—and it could see CEOs go to war against WFH
    EY-Parthenon's Gregory Daco reveals what's going on with the American worker's worst slump of the post-World War II era. It's not all about remote work, he says.  ( 41 min )
    IBM Plans To Replace Nearly 8,000 Jobs With AI — These Jobs Are First to Go
    IBM CEO Arvind Krishna announced a hiring pause, but that’s not all. He also stated the company plans to replace nearly 8,000 jobs with AI. Krishna noted that back-office functions, specifically in the human resources (HR) sector, will be the first to face these changes. See Next: Gamers Making Thousands Selling Gaming Skins And Assets: Gameflip's Bold Vision For The Future Of Gaming Commerce The transition will happen gradually over the next few years, with machines potentially taking over up t  ( 39 min )
    Charles Schwab Sees Hope for Renewed Growth in Holdings of Client Cash
    The firm said it is seeing fewer people move their money into better-yielding accounts to take advantage of higher interest rates.  ( 22 min )
    What's Going On With AMD Stock Friday
    Advanced Micro Devices, Inc (NASDAQ: AMD) shares are trading higher since reports surfaced claiming the chipmaker is working with Microsoft Corp (NASDAQ: MSFT) on Nvidia Corp (NASDAQ: NVDA) AI processor alternative. Reportedly, Microsoft, heavily invested in OpenAI's ChatGPT, is helping fund AMD's AI ambition shortly after AMD CEO Lisa Su shared its "big bet" on the generative AI boom in an interview on CNBC's "Squawk On The Street." This week, AMD reported its upbeat first-quarter earnings, fol  ( 38 min )
    Banks Held Back On Hiking Deposit Rates. But Now The Pressure Is On.
    Banks are borrowing at and charging high interest rates in lockstep with the Federal Reserve. Why aren't they offering that to their depositors?  ( 20 min )
    PacWest Stock Surges 80%, Regional Banks Recover After Selloff
    Midsize and small banks still nurse heavy losses for the week, which started with the collapse of First Republic.  ( 34 min )
    Stocks To Watch: Nvidia Partner Drives Liquid-Cooled AI Platform
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    Argentines Pulled $1 Billion From Bank Accounts in April Rush
    (Bloomberg) -- Argentines withdrew over $1 billion of US dollar deposits from the banking system from late March to the end of April as speculation spread about a potential currency devaluation in the official exchange rate.Most Read from BloombergPeter Thiel Says Moving to Florida from Silicon Valley Is Too ExpensiveApple Sees Biggest Rally of the Year After Sales Top EstimatesJPMorgan Sees Investors Moving to Gold, Tech Amid Recession RiskHeavy Marijuana Use Increases Schizophrenia in Men, Stu  ( 38 min )
    Kraft Heinz CEO on Warren Buffett and the mac-and-cheese maker's turnaround
    Kraft Heinz CEO Miguel Patricio reveals his secret sauce powering the food giant's turnaround.  ( 41 min )
    Bud light sales, Dylan Mulvaney's beer ad and whether boycotts actually work
    Boycotts can “definitely” have an impact on a company’s public image, but experts say there is less evidence they have a long-term impact on revenue.  ( 41 min )
    Regional Bank Stocks Have Gotten Crushed. Why One Analyst Decided Now Was the Time to Upgrade Them.
    A JPMorgan rating increase has provided a boost to the sector.  ( 26 min )
    How Warren Buffett avoided damage from the current banking crisis
    The Oracle of Omaha sold a large portion of Berkshire’s holdings in US banks between 2020 and 2022, some just months before the banking system upheaval that began in mid March.  ( 43 min )
    ABNB Stock In Holding Pattern Ahead Of Q1 Results; Warren Buffett Favorite Occidental Petroleum Set To Report
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    Apellis Obliterates Sales Expectations; Is A Takeover In The Cards?
    No content preview
    Ask an Advisor: ‘Am I Too Late?' I'm 68, Have No Investments and Only Have $60K Saved
    At 68, I do not have any investments of any kind. My $80,000 condo is paid off, and I have $60,000 saved. Am I too late? -Bernhard It's never too late to start investing and managing your money. But I … Continue reading → The post Ask an Advisor: ‘Am I Too Late?' I'm 68, Have No Investments and Only Have $60K Saved appeared first on SmartAsset Blog.  ( 39 min )
    DraftKings Stock Is Jumping. What Wall Street Is Saying About Earnings.
    The sports betting company posted an adjusted loss of 51 cents a share for the quarter, narrower than the 70-cent loss analysts had forecast.  ( 22 min )
    Fed Rate-Hike Pause No Reason to Buy Stocks, BofA Says
    (Bloomberg) -- The Federal Reserve may be signaling its willingness to pause rate hikes, but Bank of America Corp.’s Michael Hartnett says it’s not yet time to buy equities as outflows accelerate amid elevated inflation and recession fears. Most Read from BloombergPeter Thiel Says Moving to Florida from Silicon Valley Is Too ExpensiveApple Sees Biggest Rally of the Year After Sales Top EstimatesHeavy Marijuana Use Increases Schizophrenia in Men, Study FindsJPMorgan Sees Investors Moving to Gold,  ( 40 min )
    Bank Crisis: Bankers Call For Probe Into Short Sellers. Elizabeth Warren Wants Answers From First Republic.
    No content preview
    Carvana stock surges as used-car dealer sees Q2 profit
    Beaten-down Carvana shares are surging on Friday after the largest online used car retailer in the country said it will report a profit in the 2nd quarter.  ( 39 min )
    American Express CEO on why Warren Buffett is a legendary investor
    American Express CEO Stephen Squeri has formed a tight bond with the company's largest shareholder Warren Buffett.  ( 41 min )
    Bolivian Bonds Jump After Senate Approves Bill to Monetize Gold
    (Bloomberg) -- Bolivian bonds jumped after the country’s Senate approved late Thursday a central bank bill that would allow the government to monetize its gold reserves, a key step to ease a dollar shortage and tame a growing financial crisis.Most Read from BloombergPeter Thiel Says Moving to Florida from Silicon Valley Is Too ExpensiveApple Sees Biggest Rally of the Year After Sales Top EstimatesJPMorgan Sees Investors Moving to Gold, Tech Amid Recession RiskHeavy Marijuana Use Increases Schizo  ( 38 min )
    The Green Revolution Is Here. Which Big Miners Are Prepared?
    New U.S. legislation points to the world being short of copper in a few years. A few big mining firms could be huge beneficiaries.  ( 28 min )
    ‘Load Up,’ Says Raymond James About These 2 High-Yield Dividend Stocks
    On the heels of cooling inflation, the Federal Reserve announced Wednesday an increase in interest rates, as widely anticipated. The key rate has gone up by 25 basis points, bringing it to a range of 5% to 5.25%, which is the highest in 16 years. While Fed Chair Jerome Powell indicated a pause to the rate hikes might be on the menu in June, the probability for any rate cuts seems unlikely for now, at least until inflation starts showing signs it really is on the backfoot. Although this measure m  ( 42 min )
    How Much Money Do I Need to Retire at 55?
    If you're thinking of retiring early, you may be wondering how much you need to retire at age 55. The exact amount of income you should have put away is going to depend on different factors. But if you want … Continue reading → The post How Much Do You Need to Retire at 55? appeared first on SmartAsset Blog.  ( 40 min )
    What Does a $10 Million Retirement Look Like?
    A $10 million nest egg will pay for a comfortable retirement for the majority of retirement savers. However, whether that much is enough to fund any specific retiree's golden years depends on a number of factors. This includes pre-retirement lifestyle … Continue reading → The post Is $10 Million Enough to Retire? appeared first on SmartAsset Blog.  ( 39 min )
    Want to Invest in Real Estate? Make Sure You Know About This Rule First
    There are several metrics you can use to evaluate whether a rental property investment has potential, including the 2% rule. The 2% rule in real estate dictates that a property's rental income should be at least 2% of the purchase … Continue reading → The post What Is the 2% Rule in Real Estate? appeared first on SmartAsset Blog.  ( 41 min )
    Have This Much Money in Your Savings Account? You Probably Owe Taxes
    You are required to report and pay federal taxes on any interest income you receive from a savings account. The income is taxed as unearned, which means you'll escape payroll taxes, but you will owe federal income tax on it … Continue reading → The post How Savings Accounts Are Taxed appeared first on SmartAsset Blog.  ( 40 min )
    How Can I Tell If I'm Rich?
    Openly discussing the topic can be uncomfortable. But you've probably wondered who can be considered truly rich and whether you fit that definition (or ever will). According to Schwab's 2022 Modern Wealth Survey, the average American thinks being rich means … Continue reading → The post How Do You Know If You Are Rich? appeared first on SmartAsset Blog.  ( 41 min )
    Investors await Warren Buffett's bank breakdown at Berkshire Meeting: Morning Brief
    Berkshire Hathaway's annual meeting couldn't come at a better time. With so much up in the air, everyone wants to know what Buffett will say.  ( 40 min )
    How Much Will I Make on a $1 Million Annuity Annually?
    The amount you collect from an annuity depends on when you invest, the return your specific annuity offers and the details of your particular contract. As a result, it's difficult to provide a specific answer to what any single person … Continue reading → The post How Much Would a $1 Million Annuity Pay? appeared first on SmartAsset Blog.  ( 42 min )
    How Many Roth Conversions Does the IRS Allow?
    A Roth Individual Retirement Account (IRA) can offer tax benefits in the form of tax-free withdrawals in retirement. If you have a traditional IRA or 401(k), you can use a Roth conversion to change the tax status of your retirement … Continue reading → The post How Many Roth Conversions Can You Make Per Year? appeared first on SmartAsset Blog.  ( 41 min )
    Dow Jones Futures Rally 200 Points On Strong Jobs Report. AAPL Stock Jumps On Earnings.
    No content preview
    AMC Stock Rises After Earnings Beat. It Cites Box Office Recovery.
    The indebted movie theater chain said it raised $155 million of cash through the sale of AMC Preferred Equity Units, or APEs, in the first quarter and it kept selling them in the current quarter.  ( 22 min )
    19 Banks Grasp For $32.6 Billion Government Lifeline: Report
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    Carvana Soars After Debt-Ridden Dealer Predicts Return to Profit
    (Bloomberg) -- Carvana Co.’s shares surged after the debt-ridden automobile retailer said it expected to report a profit this quarter following a string of losses.Most Read from BloombergPeter Thiel Says Moving to Florida from Silicon Valley Is Too ExpensiveChina Takes the Yuan Global in Bid to Repel a Weaponized DollarTD, First Horizon End $13 Billion Merger as Regulators StallApple’s iPhone Bounces Back, Helping Sales Top EstimatesZelenskiy Denies Ukraine Sent Drones to Hit Putin, KremlinThe c  ( 39 min )
    Stock futures rise as investors await jobs data: Stock market news today
    U.S. stock futures rose Friday morning as investors await the Labor Department's closely watched April jobs report, set for release at 8:30am ET.  ( 41 min )
    Super Micro Computer One Chart Explaining the Runup
    Super Micro Computer (SMCI) shares are up a staggering 66% in 2023. Raised guidance and big appetite for the shares tell the story.  ( 39 min )
    Warner Bros. Discovery posts wider Q1 loss, even as streaming turns to profit
    Warner Bros. Discovery reported quarterly earnings before the bell on Friday. Here's what to know.  ( 40 min )
    Top Funds Back Up The Truck To Bet Billions On These 10 Stocks
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    ‘I retired, then Mark Cuban called me out of nowhere with a job offer’: How the first female CEO of the Dallas Mavericks scored the top job
    Cynt Marshall is the first black woman to lead an NBA side—but it was never part of her plan.  ( 39 min )
    These Stocks Are Moving the Most Today: Apple, Carvana, Coinbase, DraftKings, Lyft, and More
    Apple's better-than-expected fiscal second-quarter revenue is driven by strong iPhone sales, Carvana's first-quarter loss narrows, and results at Coinbase get a boost from Bitcoin's rally this year.  ( 22 min )
    Short Sellers Flocking to US Banks Are Risking a Painful Squeeze
    (Bloomberg) -- Crowded equity trades and possible policy remediation for US regional banks may bring an end to a trade that’s roiled broader markets but proved lucrative for some short sellers. Most Read from BloombergPeter Thiel Says Moving to Florida from Silicon Valley Is Too ExpensiveChina Takes the Yuan Global in Bid to Repel a Weaponized DollarApple Shares Rise After iPhone Bounces Back, Sales Top EstimatesHeavy Marijuana Use Increases Schizophrenia in Men, Study FindsTD, First Horizon End  ( 40 min )
    Chinese Resort Island at Center of Alleged Green Fuel Fraud
    (Bloomberg) -- A resort island off southern China, best known for its balmy weather and sandy beaches, has become the unlikely focus of Europe’s concerns over a booming waste-oil industry.Most Read from BloombergPeter Thiel Says Moving to Florida from Silicon Valley Is Too ExpensiveChina Takes the Yuan Global in Bid to Repel a Weaponized DollarTD, First Horizon End $13 Billion Merger as Regulators StallApple’s iPhone Bounces Back, Helping Sales Top EstimatesZelenskiy Denies Ukraine Sent Drones t  ( 39 min )
    PacWest Leads Regional Bank Stock Rebound After Bruising Rout
    (Bloomberg) -- PacWest Bancorp led a rebound across US regional banking stocks following a bruising week of losses, amid escalating worries over the health of the industry following the recent collapse of several lenders.Most Read from BloombergPeter Thiel Says Moving to Florida from Silicon Valley Is Too ExpensiveChina Takes the Yuan Global in Bid to Repel a Weaponized DollarTD, First Horizon End $13 Billion Merger as Regulators StallApple’s iPhone Bounces Back, Helping Sales Top EstimatesHeavy  ( 39 min )
    Russia Used Energy as a Weapon. Now Europe Can Turn the Tables.
    Russia has lost the leverage it once had. Europe has an excellent opportunity to retaliate, writes Borys Dodonov.  ( 32 min )
    Top Greater China Fund Raises Concern Over TSMC After Buffett
    (Bloomberg) -- A top Greater China fund is joining Warren Buffett in voicing concerns over Taiwan Semiconductor Manufacturing Co.Most Read from BloombergChina Takes the Yuan Global in Bid to Repel a Weaponized DollarPeter Thiel Says Moving to Florida from Silicon Valley Is Too ExpensiveTD, First Horizon End $13 Billion Merger as Regulators StallApple’s iPhone Bounces Back, Helping Sales Top EstimatesZelenskiy Denies Ukraine Sent Drones to Hit Putin, KremlinUni-President Asset Management Corp.’s  ( 40 min )
    ChatGPT Will Disrupt Many Jobs. These Are the Most at Risk.
    Highly educated and highly-paid white-collar occupations may be most exposed to generative AI.  ( 22 min )
    Brace yourselves, the banking crisis is just getting started
    If Jamie Dimon was pondering a career change as a fortune-teller, he’d be wise to stick to the day job. On the other hand, if someone of Dimon’s stature could be so wrong about the banking turmoil that continues to sweep across the US, a cynic might ask whether he was still the right person to be running one of the world’s largest financial institutions, particularly when that organisation is right at the centre of Government-led efforts to prop up the whole system.  ( 40 min )
    Rio Tinto Cautions Against Takeover Fever After Lithium's Dramatic Price Slump
    (Bloomberg) -- Lithium’s dramatic price slump has mining heavyweights chasing takeovers of companies with early stage or pre-production projects. But one giant is warning that offering high premiums for smaller miners comes with risks.Most Read from BloombergChina Takes the Yuan Global in Bid to Repel a Weaponized DollarPeter Thiel Says Moving to Florida from Silicon Valley Is Too ExpensiveTD, First Horizon End $13 Billion Merger as Regulators StallApple’s iPhone Bounces Back, Helping Sales Top  ( 40 min )
    Here are the 6 proposals Berkshire Hathaway investors will vote on this weekend - including removing Warren Buffett as chairman and requiring the company stay out of political discussions
    Despite Berkshire Hathaway's outperformance relative to the S&P 500, one investor is calling for the removal of Warren Buffett as its chairman.  ( 40 min )
    Google Is Falling Behind in AI Arms Race, Senior Engineer Warns
    (Bloomberg) -- A senior software engineer at Google wrote a critique asserting that the internet search leader is losing its edge in artificial intelligence to the open-source community, where many independent researchers use AI technology to make rapid and unexpected advances.Most Read from BloombergChina Takes the Yuan Global in Bid to Repel a Weaponized DollarZelenskiy Denies Ukraine Sent Drones to Hit Putin, KremlinTD, First Horizon End $13 Billion Merger as Regulators StallBank Drama Rages  ( 40 min )
    ‘Don’t let the earnings beats fool you’: Morgan Stanley advises investors to temper their optimism amidst a looming recession — use these 2 stocks for protection
    There’s been an upsurge of positive sentiment recently, as the 1Q23 earnings reports have been better than expected. Late last week, with 53% of the S&P companies having reported, 79% had beaten the EPS estimates. This is a historically high number, above both the 5- and 10-year averages, and the aggregate beat, of 6.9%, is above the average beat of 6.4% over the past decade. Morgan Stanley’s chief investment officer Mike Wilson notes that this has investors expecting a ‘meaningful upward inflec  ( 42 min )
    Apple CEO Sees India at ‘Tipping Point’ as China Pivot Quickens
    (Bloomberg) -- Apple Inc. chief Tim Cook singled out India on Thursday as pivotal for the iPhone maker, underscoring how the world’s most populous country is on the cusp of becoming both a major market and production base.Most Read from BloombergChina Takes the Yuan Global in Bid to Repel a Weaponized DollarZelenskiy Denies Ukraine Sent Drones to Hit Putin, KremlinTD, First Horizon End $13 Billion Merger as Regulators StallBank Drama Rages On; Apple Climbs in Late Trading: Markets WrapPacWest Is  ( 39 min )
    Alibaba’s Global Online Commerce Arm Weighs a US IPO
    (Bloomberg) -- Alibaba Group Holding Ltd.’s international online shopping unit is exploring a US initial public offering as it weighs options to spur growth for the business that includes major e-commerce brands Lazada and AliExpress.Most Read from BloombergPeter Thiel Says Moving to Florida from Silicon Valley Is Too ExpensiveChina Takes the Yuan Global in Bid to Repel a Weaponized DollarTD, First Horizon End $13 Billion Merger as Regulators StallApple’s iPhone Bounces Back, Helping Sales Top E  ( 40 min )
  • Open

    What Is a Pension? Types of Plans and Taxation
    A pension plan is an employee benefit that commits the employer to make regular payments to the employee in retirement.  ( 33 min )
    Investor Relations (IR): Definition, Career Path, and Example
    The investor relations (IR) department is a division of a business whose job it is to provide investors with an accurate account of company affairs.  ( 24 min )
    Carvana Shares Jump on Smaller Loss, Outlook
    Online used car retailer Carvana (CVNA) posted better-than-expected results and said its adjusted earnings would be positive for the current quarter.  ( 16 min )
    Markets Lifted by Bank Stocks, Apple
    U.S. equities jumped higher on May 5, 2023, as shares of regional banks bounced back from the previous day's losses.  ( 16 min )
    Black-Scholes Model: What It Is, How It Works, Options Formula
    The Black-Scholes model is a mathematical equation used for pricing options contracts and other derivatives, using time and other variables.  ( 30 min )
    Dow Jones Today: Apple Juices Index to Rebound
    Visa, American Express and JP Morgan rode a surge in the banking sector, while oil prices moved Chevron shares higher  ( 16 min )
    Top CD Rates Today, May 5
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 17 min )
    Top Savings Account Rates Today, May 5
    See how the top nationwide rates on high-yield savings accounts are trending. Our rate data is checked daily for almost 100 financial institutions.  ( 17 min )
    How to Attend Berkshire Hathaway's Annual Meeting
    An overview of what is required to go to the Berkshire Hathaway Annual General Meeting.  ( 21 min )
    Closed Fund Definition
    A closed fund is a fund that is closed to investors, either temporarily or permanently. Learn why funds close and what this means to your investment.  ( 19 min )
    How Mortgage Lenders Verify Employment
    Discover how mortgage lenders confirm your current employment situation. Also, learn what to do when employers refuse to verify employment.  ( 19 min )
    How to Lower Your Credit Card Interest Rate
    Reducing the interest rate charged on your credit card balance is the first step to getting out of debt. Learn techniques to become debt-free.  ( 26 min )
    White House Says It Will Look at AI Rules, Legislation
    Officials lay out principles on safety and security, while lawmakers, agencies look to rein in emerging AI technology.  ( 17 min )
    What Happened to First Republic Bank?
    First Republic Bank’s collapse was due to several factors, including its high levels of uninsured deposits and broader concerns about the stability of regional banks.  ( 26 min )
    Today's Mortgage Rates & Trends - May 5, 2023: Rates Mixed
    Rates on 30-year mortgages inched just slightly up, remaining near a three-week low. Movement on other averages was mixed, mostly by small increments.  ( 18 min )
    Robinhood's Cash Account Now Pays 4.65%. Here's How It Compares.
    Robinhood hiked the interest rate for its best customers' uninvested cash balances to 4.65% APY. That's great for a brokerage cash account, but you can earn more elsewhere.  ( 16 min )
    Banks Held Back On Hiking Deposit Rates. But Now The Pressure Is On.
    Banks are borrowing at and charging high interest rates in lockstep with the Federal Reserve. Why aren't they offering that to their depositors?  ( 20 min )
    Top Stocks for May 2023
    Southwestern Energy, New York Community Bancorp, and First Solar are top stocks in Russell 1000 for value, growth, and momentum, respectively  ( 22 min )
    Family of Funds
    A family of funds includes all of the funds managed by one investment company.  ( 18 min )
    How Long Does it Take for Brokers to Confirm a Trade?
    Learn how much time it takes for brokers to receive confirmation of different types of orders, such as buying and selling stock.  ( 22 min )
    Sliding Oil Market Likely Reduced Occidental Petroleum's Quarterly Profit
    Lower first-quarter oil prices likely translated into declining profits for Houston-based Occidental Petroleum.  ( 17 min )
    House Maintenance Requirement Definition
    A house maintenance requirement is the level of minimum margin account equity that is required by a brokerage firm.  ( 21 min )
    Loan Calculator
    Whether you’re buying a car, a home, or paying for college, you may need more money for a purchase or a bill than you have in savings.  ( 18 min )
    Street Name: Meaning, Overview, Advantages and Disadvantages
    "In street name" is a slang term used to describe a brokerage that holds securities on behalf of a client.  ( 22 min )
    What Is Cost Basis? Workings, Calculation, Example
    Cost basis is the original value or purchase price of an asset or investment for tax purposes.  ( 29 min )
    Chase Launches New Air Canada Credit Card
    The new Chase Aeroplan World Elite Mastercard Credit Card offers a big sign-up bonus, bonus rewards on everyday spending categories, and other perks.  ( 19 min )
    Amortization Calculator
    Use our amortization schedule calculator to estimate your monthly loan repayments, interest rate, and payoff date on a mortgage or other type of loan.  ( 18 min )
    Forward Price: Definition, Formulas for Calculation, and Example
    The predetermined delivery price of a forward contract, as agreed on and calculated by the buyer and seller.  ( 23 min )
    Unemployment Mostly Remains Steady in April
    The unemployment rate has remained between 3.4% and 3.7% for more than a year, despite fears that the labor market may succumb to interest rate pressures.  ( 16 min )
    5 Things to Know Before Markets Open
    The Labor Department will release its monthly job report and the FDIC is reportedly planning to make big banks cover the fees for recent rescues. Here’s what investors need to know today.  ( 17 min )
    First Republic Takeover Cuts Emergency Bank Lending
    FDIC is providing $228.2 billion in lending for Silicon Valley, Signature, and First Republic takeovers.  ( 18 min )
    E*TRADE Core Portfolios vs. Fidelity Go
    You can't go wrong with either E*TRADE or Fidelity, but Fidelity does do better with more competitive rates.  ( 24 min )
    The Pros and Cons of Sports Investing
    Learn more about sports investing before you dive into an investment related to your favorite teams. We've got the pros and cons of sports investing.  ( 21 min )
  • Open

    Top Stocks for May 2023
    Southwestern Energy, New York Community Bancorp, and First Solar are top stocks in Russell 1000 for value, growth, and momentum, respectively  ( 1 min )
    5 Things to Know Before Markets Open
    The Labor Department will release its monthly job report and the FDIC is reportedly planning to make big banks cover the fees for recent rescues. Here’s what investors need to know today.  ( 1 min )
    Markets Drop on Renewed Bank Worries
    U.S. equities indexes moved lower on May 4, 2023, on renewed concerns about the strength of the banking sector.  ( 1 min )
  • Open

    Ondanks pijnlijke breuk met rapper Ye maakte adidas toch winst
    Ondanks de kostbare breuk met rapper Ye maakte adidas 60 miljoen euro winst in het eerste kwartaal van 2023. De CEO van het bedrijf noemt de stukgelopen samenwerking wel pijnlijk. Het kost adidas tot nu toe al zo'n 400 miljoen euro en levert veel kopzorgen op.  ( 1 min )
    Winst van adidas is niet helemaal verloren gegaan na breuk met rapper Ye
    Ondanks de kostbare breuk met rapper Ye maakte adidas 60 miljoen euro winst in het eerste kwartaal van 2023. De CEO van het bedrijf vindt de stukgelopen samenwerking toch pijnlijk. Het kost adidas tot nu toe al zo'n 400 miljoen euro en het zorgt voor een hoop kopzorgen.  ( 3 min )
    DNB waarschuwt voor Turkse lira's die op euro's lijken
    Turkse munten die op euro's lijken, zijn momenteel in omloop in Nederland. Wie met contant geld betaalt, moet daarom goed naar het wisselgeld kijken, waarschuwt De Nederlandsche Bank (DNB). De Turkse muntstukken zijn lang niet zoveel waard als euro's.  ( 3 min )
    Veel mensen doen op het nippertje nog beroep op energiesteun
    Het Tijdelijk Noodfonds Energie heeft in totaal meer dan 165.000 aanvragen binnengekregen voor energiesteun. Het fonds was een week langer beschikbaar omdat nog zoveel mensen vlak voor de deadline een aanvraag deden.  ( 3 min )
    Prijzen van basisvoedsel als suiker en vlees voor het eerst in een jaar gestegen
    Marktprijzen voor basisvoedsel als suiker en vlees zijn voor het eerst sinds april 2022 gestegen. De stijging kan gevolgen hebben voor hoeveel geld we kwijt zijn in de supermarkt.  ( 3 min )
    ECB verwacht dat inflatie pas in 2025 terugkeert op 2 procent
    De inflatie zal pas in 2025 in rustiger vaarwater komen. De beoogde 2 procent wordt pas over twee jaar bereikt, verwacht Europese Centrale Bank-bestuurder François Villeroy de Galhau.  ( 4 min )
    Nog meer kleinere banken in de VS in de problemen
    Nadat onlangs al drie banken in de Verenigde Staten kopje-onder waren gegaan, staan nu opnieuw enkele banken onder druk. Zo verloor PacWest donderdag meer dan de helft van zijn beurswaarde.  ( 4 min )
    Witte Huis wijst techbedrijven op hun morele plicht om AI veilig te houden
    Techbedrijven hebben de morele plicht om ervoor te zorgen dat systemen voor kunstmatige intelligentie (AI) veilig zijn, vindt de Amerikaanse vicepresident Kamala Harris.  ( 4 min )
    KLM in de rode cijfers ondanks vollere vliegtuigen
    Vliegmaatschappij KLM vervoerde in de eerste drie maanden van dit jaar meer reizigers dan vorig jaar en wist ook zijn ticketprijzen op te voeren. Toch moest de vliegmaatschappij een operationeel verlies van 128 miljoen euro in de boeken zetten door gestegen kosten, onder meer door duurdere kerosine.  ( 4 min )
    Duurdere iPhone beperkt omzetdaling van Apple
    Apple heeft afgelopen kwartaal minder omzet gemaakt dan in dezelfde periode vorig jaar. Er gingen minder computers en tablets over de toonbank. De iPhone-producent verdiende nog wel meer geld aan de verkoop van iPhones en diensten zoals de verkoop van apps in de App Store.  ( 4 min )
    Zorgen over wegvallen belastingvoordeel ouders nu kinderopvangtoeslag blijft
    In de eindfase van de omstreden kinderopvangtoeslag wil het kabinet de toeslag tweemaal verhogen om de opvang goedkoper te maken. In diezelfde periode vervalt een belastingvoordeel voor kersverse ouders. Hoewel de plannen nog niet definitief zijn, maakt de opvangsector zich zorgen: "Ouders zijn echt de dupe."  ( 6 min )
    Twintig jaar LinkedIn: 'Er staan steeds vaker ook persoonlijke verhalen op'
    In twintig jaar is LinkedIn uitgegroeid van een digitale cv-database tot dé plek waar mensen lief en leed vanaf de werkvloer delen. De toon op het netwerk wordt steeds minder zakelijk. Maar niet iedereen zit daarop te wachten.  ( 6 min )
    Verhogingen kinderopvangtoeslag nemen zorgen van de branche niet weg
    In de eindfase van de omstreden kinderopvangtoeslag wil het kabinet de toeslag tweemaal verhogen om de opvang goedkoper te maken. In diezelfde periode vervalt een belastingvoordeel voor kersverse ouders. Hoewel de plannen nog niet definitief zijn, maakt de opvangsector zich zorgen: "Ouders zijn echt de dupe."  ( 6 min )
  • Open

    First Republic Takeover Cuts Emergency Bank Lending
    FDIC is providing $228.2 billion in lending for Silicon Valley, Signature, and First Republic takeovers.  ( 1 min )
    Paramount Global Misses Estimates and Cuts Its Dividend
    Shares of Paramount Global (PARA) slid 28% on May 4, 2023, as the company missed profit and revenue estimates and slashed its quarterly dividend.  ( 1 min )
    Kenvue Shares Jump on First Day of Trading
    Shares of Kenvue, the consumer health spinoff of Johnson & Johnson, jumped higher on May 4, 2023, their first day on the markets.  ( 1 min )

  • Open

    What Is Credit Card Funding?
    Credit card funding is using a credit card account to fund a new financial account or business venture.  ( 20 min )
    Kenvue Shares Jump on First Day of Trading
    Shares of Kenvue, the consumer health spinoff of Johnson & Johnson, jumped higher on May 4, 2023, their first day on the markets.  ( 16 min )
    Paramount Global Misses Estimates and Cuts Its Dividend
    Shares of Paramount Global (PARA) slid 28% on May 4, 2023, as the company missed profit and revenue estimates and slashed its quarterly dividend.  ( 16 min )
    Top CD Rates Today, May 4
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 16 min )
    Apple Gains on Record Services Revenue, $90 Billion Stock Buyback
    Apple shares gained after a strong second-quarter earnings report, with a March record for iPhone sales, an all-time high for services revenue and a $90 billion stock buyback.  ( 16 min )
    Markets Drop on Renewed Bank Worries
    U.S. equities indexes moved lower on May 4, 2023, on renewed concerns about the strength of the banking sector.  ( 16 min )
    Today's Mortgage Rates & Trends - May 4, 2023: Rates Drop
    The 30-year mortgage average gave up an eighth of a point, dropping it to its lowest level in almost three weeks. Other rates were down almost across the board.  ( 18 min )
    529 Savings Plan vs. Roth IRA for College
    529 plans are for education, and Roth IRAs are for retirement. But you can use either—or both—of these tax-advantaged plans to boost college savings.  ( 29 min )
    Dow Jones Today: Index Goes Negative For Year
    The Dow drops more than 300 points led by a Disney dive on rival Paramount's poor advertising and streaming results.  ( 16 min )
    Coverdell Education Savings Account (ESA): How They Work
    A Coverdell education savings account is a trust that assists families with educational expenses.  ( 23 min )
    Third-Party Administrator (TPA): Definition and Types
    A third-party administrator provides operational services such as claims processing and employee benefits management under contract to another company.  ( 23 min )
    Who Is Sarah Bloom Raskin?
    Sarah Bloom Raskin is an American attorney and regulator who has served both as the deputy secretary of the U.S. Treasury Department and as a governor of the Federal Reserve Board.  ( 22 min )
    Long Term: Definition in Investing for Companies and Individuals
    "Long term" refers to the extended period of time that an asset is held. Depending on the type of security, a long-term asset can be held for one year or many years.  ( 22 min )
    Growth Curve: Definition, How They're Used, and Example
    A growth curve is a visual depiction of the growth of a phenomenon, with the x-axis typically representing time and the y-axis growth.  ( 21 min )
    What Does Unlimited Liability Mean, and Which Businesses Have It?
    Unlimited liability is a type of business structure in which owners share responsibilities for the entire amount of debt and liabilities amassed by the business.  ( 23 min )
    Risk Control: What It Is, How It Works, Example
    Risk control is a technique that utilizes findings from risk assessments within a company to reduce the risk found in these areas.  ( 26 min )
    When Jerome Powell Speaks, Markets Shudder
    When Federal Reserve Chair Jerome Powell speaks, markets listen and move—even more so than they have to past Fed chairs.  ( 17 min )
    Top Ways to Manage Business Risks
    Risk management is a form of insurance in itself for small business owners. Here are seven steps to implement a plan.  ( 19 min )
    Margin and Margin Trading Explained Plus Advantages and Disadvantages
    Margin is the money borrowed from a broker to purchase an investment and is the difference between the total value of the investment and the loan amount.  ( 29 min )
    PacWest, First Horizon, Western Alliance Big Losers As Regional Bank Shares Tank
    Shares of PacWest Bancorp, First Horizon and Western Alliance, down 46%, 34% and 30%, led a broader intra-day trading rout in the stocks of U.S. regional and mid-sized banks.  ( 18 min )
    Saving for College: Life Insurance or 529?
    529 plans and permanent life insurance are two ways that parents can fund their kids' education. Here are the pros and cons of each.  ( 24 min )
    Mode: What It Is in Statistics and How to Calculate It
    The mode is a statistical term that refers to the most frequently occurring number found in a set of numbers.  ( 21 min )
    Top Cybersecurity Stocks for Q2 2023
    CSCO is top for value while FTNT and VRSN are top for growth and momentum, respectively  ( 20 min )
    Top Robotics Stocks for Q2 2023
    These are the robotics stocks with the best value, fastest growth, and most momentum for Q2 2023.  ( 22 min )
    Federal Funds Rate: What It Is, How It's Determined, and Why It's Important
    The federal funds rate is the target interest rate set by the Fed at which commercial banks borrow and lend their extra reserves to one another overnight.  ( 25 min )
    Contractors' All Risks (CAR) Insurance: Definition and Example
    Contractors' all risks (CAR) insurance covers contractors for both damage to a property and third-party injury or damage claims throughout the construction period.  ( 20 min )
    Mortgage Applications Dropped Again Last Week
    The application drop-off came as the average 30-year fixed rate fell five basis points to 6.5%, the first time rates have dropped in three weeks.  ( 17 min )
    5 Sources of Free Cash for Student Loans
    Websites and credit cards can offer you direct and indirect sources of free money to pay off your student loan.  ( 24 min )
    Should You Pay All Cash for Your Next Home?
    Here are the pros and cons of paying cash for your house vs. using a mortgage.  ( 27 min )
    Top 10 S&P 500 Stocks by Index Weight
    These are the top 10 most heavily weighted stocks in the S&P 500 Index.  ( 25 min )
    Investment Advisory Representative (IAR): Definition and Duties
    An investment advisory representative (IAR) is a professional who works for an investment advisory company.  ( 22 min )
    Loan vs. Line of Credit: What's the Difference?
    Loans and lines of credit are both ways to borrow from lenders, but they differ in how they can be used and how they are paid off.  ( 25 min )
    How To Find a Socially Responsible Financial Advisor or Planner
    Use the lens of social responsibility to focus your search.  ( 23 min )
    How Many Personal Loans Can You Have at Once?
    Is it possible to have more than one personal loan at once? Yes, it is. However, the number of personal loans you can have at once is limited by your lender.  ( 21 min )
    Top Steel Stocks for Q2 2023
    Champion Iron, Reliance Steel, and Steel Dynamics lead the industry in revenue growth.  ( 20 min )
    What To Expect From Berkshire Hathaway And Warren Buffett This Weekend
    Berkshire Hathaway is expected to show higher revenues and net income at its latest annual meeting, as investors probe Buffett and Charlie Munger over regional banks.  ( 18 min )
    Home Equity Declined in First Quarter for Many Americans
    It was the second straight quarterly decline in equity-rich homes across the U.S. following 10 consecutive quarterly gains.  ( 16 min )
    PacWest's Shares Plummet as It Considers Possible Sale
    A report indicating PacWest Bancorp has begun considering options including a possible sale, slashed 59% from the bank's market value in extended hours trading Wednesday.  ( 18 min )
    PayPal's Profit Could Get 50% Boost from Cost Cuts in Q1
    PayPal's net income is expected to rise 53% after the company reined in costs during Q1 2023 amid a challenging economy.  ( 17 min )
    5 Things to Know Before Markets Open
    PacWest shares fell over 40% in pre-market trading amid reports it's exploring options that include a sale, and the European Central Bank is expected to hike rates to curb inflation. Here’s what investors need to know today.  ( 17 min )
    JPMorgan's First Republic Buy Is Eerily Similar To Its 2008 Bear Stearns Purchase
    JPMorgan's First Republic Bank purchase includes loss-sharing deal with FDIC, similar to its 2008 acquisition of Bear Stearns.  ( 19 min )
    Understanding CFR vs. CIF
    Learn about the difference between two freight methods and how costs apply to them.  ( 21 min )
    White House to Meet with Top AI Companies
    Vice President Kamala Harris will meet with the CEOs of Alphabet, Anthropic, Microsoft, and ChatGPT-maker OpenAI to talk about ways to mitigate risks of the new technology.  ( 16 min )
    How Car Insurance Companies Value Cars
    Understand how auto insurance companies value cars and learn why your insurance may not cover the cost of a similar vehicle.  ( 24 min )
    Lock-Up Option Definition
    A lock-up option is a stock option offered by a target company in a takeover battle to a white knight for some of the company's shares or best assets.  ( 19 min )
    How to Close the Conversation Gap With Your Clients
    Often, we think of the client experience as what we provide to our clients in services, touchpoints and products.  ( 22 min )
    5 Traits of Successful Financial Advisors
    Whether you want to become a financial advisor or need to hire one, here are five traits that most successful financial advisors have.  ( 22 min )
  • Open

    Apple's second-quarter revenue and earnings come in above estimates
    Apple's financial results came in above estimates in both revenue and earnings per share. The tech company reported on its second quarter Thursday afternoon.  ( 39 min )
    Kenvue Shares Jump on First Day of Trading
    Shares of Kenvue, the consumer health spinoff of Johnson & Johnson, jumped higher on May 4, 2023, their first day on the markets.  ( 17 min )
    Dow Jones Futures: Apple Earnings Top, DraftKings Soars After PacWest Bancorp Slams Market
    No content preview
    Icahn Enterprises Issues Dividend After Hindenburg Attack
    (Bloomberg) -- Icahn Enterprises LP, under pressure from short seller Hindenburg Research, said it would pay a dividend of $2.00 per unit to investors, sending shares higher after market. Most Read from BloombergChina Takes the Yuan Global in Bid to Repel a Weaponized DollarZelenskiy Denies Ukraine Sent Drones to Hit Putin, KremlinTD, First Horizon End $13 Billion Merger as Regulators StallBank Drama Rages On; Apple Climbs in Late Trading: Markets WrapPacWest Is Weighing Strategic Options, Inclu  ( 39 min )
    Fortinet Earnings, Revenue Top Estimates On Cybersecurity Resilience
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    Apple Gains on Record Services Revenue, $90 Billion Stock Buyback
    Apple shares gained after a strong second-quarter earnings report, with a March record for iPhone sales, an all-time high for services revenue and a $90 billion stock buyback.  ( 18 min )
    Block’s Earnings Beat Expectations, Driven by Cash App. The Stock Is Rising.
    Shares have faced headwinds since March after a critical report from a short-seller. The company's latest earnings were mixed, but could be enough to boost confidence.  ( 35 min )
    Apple posts quarterly revenue decline; iPhone sales solid
    Apple once again posted an, until now, rare revenue decline in its latest fiscal quarter, but said its overall business improved from the December quarter and sales of its iPhones were solid. The results reported Thursday were better than Wall Street's muted expectations and Apple's stock inched higher in after-hours trading. The latest numbers come after the Cupertino, California, company in February posted its first quarterly revenue drop in nearly four years after pandemic-driven restrictions on its China factories curtailed sales of the latest iPhone during the holiday season.  ( 38 min )
    Apple is not pulling back on stock buybacks
    In a quarterly earnings release, Apple announced (pdf) it would allow $90 billion in share buybacks this year, in line with last year’s figure, as the company continues to flex its financial muscle in the face of declining revenue.  ( 37 min )
    Apple Tops March-Quarter Forecasts On Strong Sales In iPhones, Services
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    How Apple stock became one of Warren Buffett's four 'jewels'
    Warren Buffett bought Apple for the first time in 2016, years after "everyone" knew the company had a hit with the iPhone. Since then, Apple stock more than quintupled.  ( 40 min )
    AMD Stock Rises On Report Of Team-Up With Microsoft On AI Chips
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    What Bank Turmoil? Insiders Are Scooping Up Bank Stocks.
    Insiders at Zions Bancorp, U.S. Bancorp, and other bank bought up stock on the open market in late April and early May.  ( 39 min )
    A fix for the banking bust is coming into view
    Momentum is growing to enact unlimited deposit insurance, even among anti-bailout free marketeers.  ( 43 min )
    Trading halted in shares of two more US lenders as fears of banking crisis mount
    Regulators step in after PacWest and Western Alliance shares plunge as investors fear repeat of First Republic, SVB and Signature failures  ( 39 min )
    Why Bausch Health Stock Is Tumbling Today
    Bausch Health Companies Inc (NYSE: BHC) reported Q1 FY23 revenues of $1.94 billion, up 1% Y/Y, up 4% organic basis, missing the consensus estimate of $1.97 billion. Revenues for Bausch Health (excl. B+L) was $1.01 billion, down 2%. Bausch + Lomb segment reported revenues were $931 million, +5%. Salix segment revenues were $496 million for Q1, compared with $464 million a year ago. Xifaxan, Relistor, and Trulance drove sales growth. The company reported an EPS loss of $(0.55), compared with $(0.1  ( 38 min )
    Cleveland-Cliffs CEO Lourenco Goncalves Bought Up the Slumping Steel Stock
    Steel producer Cleveland-Cliffs has seen shares slide since early March. Chairman and CEO Lourenco Goncalves just bought $1.5 million of shares.  ( 34 min )
    Costco offering $2,500 off Volvo EVs, $1,000 off other models
    Costco members looking for a stylish Volvo electric vehicle will need to act fast for a big discount. The membership warehouse club is currently offering $2,500 off the price of new 2023 or 2024 Volvo XC40 Recharge and C40 Recharge SUVs. These two models are currently the only full EVs Volvo has on offer, and Costco members qualify for the discounts if they buy or lease.  ( 39 min )
    IBM’s CEO says we ‘work better when we are together’ on the same week he announced plans to cut all jobs that A.I. can do
    IBM CEO Arvind Krishna appears to imagine a world of harmony between robots and workers, at least in his office.  ( 41 min )
    Anheuser-Busch CEO: 'Too early' to see full sales impact of Dylan Mulvaney controversy, called promo 'one post'
    Michel Dimitrios Doukeris, Anheuser-Busch InBev's (BUD) CEO, took a few minutes on Thursday's earnings call with investors to address the backlash the company is facing. Here's what he had to say.  ( 40 min )
    Short Sellers Lose $64 Million on One Regional Bank Stock Bucking Turmoil
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    Looking For Passive Income? These Dividend Stocks Yield Up To 13.4% — And Wall Street Sees Major Upside In Them
    The timeless adage “buy low, sell high” has attracted countless people to participate in the stock market. But as many discover the hard way, the strategy is easier said than done. Stocks don’t always go up. Even though the S&P 500 is up 7% in 2023, it’s still down compared to where it was a year ago. The good news? You don’t have to actively trade stocks to make money. You can also collect dividends. By doing so, investors can bypass the stress and uncertainty associated with attempting to time  ( 40 min )
    J&J consumer brand spinoff Kenvue debuts on NYSE
    J&J's consumer brand spinoff debuts on the NYSE Thursday.  ( 40 min )
    Billionaire investing royalty is scared about more bank failures: ‘We are running out of time to fix this problem’
    Bill Ackman, Nelson Peltz, and Jeffrey Gundlach all think the Fed is wrong about the banking system.  ( 40 min )
    Paramount’s Slashed Dividend Will Cost It
    The involvement of Warren Buffett, who highly values dividend payers, has helped sustain Paramount’s stock through the streaming market’s reset.  ( 26 min )
    What's Going On With AMD Stock Today
    Advanced Micro Devices, Inc (NASDAQ: AMD) shares are trading higher today for no specific company-related reasons. The chipmaker reported its upbeat first-quarter earnings, followed by weaker guidance that sparked a sell-off this week. AMD's first-quarter revenue came in at $5.35 billion, down 9% year-on-year, beating the consensus of $5.3 billion. The adjusted EPS of $0.60, down 47% Y/Y, beat the consensus of $0.56. CEO Lisa Su voiced its "big bet" on the generative AI boom, ensuring it has all  ( 38 min )
    BUD Stock Pops After Earnings. What Bud Light Controversy?
    First-quarter earnings didn't reveal the financial impact of a boycott over social media influencer Dylan Mulvaney. It's guidance didn't either.  ( 36 min )
    Kenvue's IPO Extravaganza: A Historic $41 Billion Spinoff from Johnson & Johnson
    Johnson & Johnson's (NYSE: JNJ) consumer-healthcare business carve-out, Kenvue Inc, priced its upsized initial public offering of 172.8 million shares at $22.00 per share. The IPO values Kenvue at about $41 billion. The offering was priced at the higher end of the $20 to $23 targeted range, with about 10% more shares sold than planned. Kenvue has granted the underwriters an option to purchase up to 25.9 million shares. Kenvue's common stock has been approved for listing on the New York Stock Exc  ( 38 min )
    The Big I Bond Letdown Comes With a Silver Lining
    The interest rate on Series I savings bonds bonds for the last six months has been an impressive 6.89%. But investors looking to jump into new issue bonds are in for a letdown. According to the Treasury, the rate for … Continue reading → The post The Big I Bond Letdown Comes With a Silver Lining appeared first on SmartAsset Blog.  ( 39 min )
    Will the Force Be with Walt Disney Stock After Earnings?
    The entertainment giant reports second-quarter results on Wednesday, May 10  ( 38 min )
    'To be very clear:' First Horizon execs talk the termination of $13.4B TD Bank deal on investor call
    On May 4, First Horizon announced that it and TD Bank had mutually agreed to terminate their $13.4 billion deal. Here's what First Horizon execs had to say about it on an investor call this morning.  ( 18 min )
    Everyone in the banking space is 'a little too happy' right now: Top money manager
    TCW Group CEO Katie Koch thinks sentiment in the banking industry is riding a little too high right now as regional banks stumble.  ( 40 min )
    Western Alliance Says ‘No Truth’ to Report of Deal Talks
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    The Real Oil Market Shows $20-a-Barrel Price Collapse Is Excessive
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    Apple Stock and Big Tech Are Winners. Why Cathie Wood’s ARK Is Still a Loser.
    Microsoft, Apple, Alphabet, and Meta Platforms stock have surged this year, but the rise hasn't lifted nearby boats, including components of Cathie Wood’s ARK Innovation ETF.  ( 38 min )
    Sunrun, SunPower Slump After Marketing Expenses Led to Losses
    (Bloomberg) -- Rooftop solar companies SunPower Corp. and Sunrun Inc. posted higher-than-expected sales in the first-quarter as homeowners in California rushed to install panels before a cut in a key state solar subsidy. Now, customers will have a months-long wait for new installations. Most Read from BloombergZelenskiy Denies Ukraine Sent Drones to Hit Putin, KremlinPacWest Is Weighing Strategic Options, Including Possible SaleBanker Pay Surges For Those Willing to Work in Saudi ArabiaUS Looks  ( 39 min )
    US banking crisis: Close to 190 banks could collapse, according to study
    The Fed's aggressive interest rate hikes have eroded the value of bank assets such as government bonds and mortgage-backed securities.  ( 38 min )
    Lyft Q1 earnings beat expectations, but gloomy outlook sends shares falling
    Ride-sharing firm Lyft reported its Q1 earnings on Thursday.  ( 39 min )
    BUD Stock Rises On Anheuser-Busch Earnings Beat; Bud Light Boycott Causes Hangover
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    Billionaire Stanley Druckenmiller Says a Hard-Landing Recession Is in the Cards, but Stays Heavily Invested in These 2 Stocks
    Many financial experts are talking up the prospect of a recession hitting this year and one legendary investor agrees with that line of thought. “We’re gonna have a hard landing and a bad recession in the U.S,” Stanley Druckenmiller has said, “probably sometime later this year.“ Druckenmiller now manages his investing affairs through his Duquesne Family Office, yet he had outsized success as a hedge fund manager for 30 years and is worth ~$6.4 billion. So, it’s definitely worth listening to his  ( 42 min )
    Apple Q2 earnings preview: Revenue expected to drop again, with Macs leading decline
    Apple will report its Q2 earnings after the bell on Thursday, with Wall Street expecting revenue to fall nearly 5% year-over-year.  ( 39 min )
    Bud Light Maker Offers Financial Support to Workers Targeted Over Dylan Mulvaney Backlash
    Anheuser-Busch said it would triple its U.S. marketing spending on the brand this summer after the turmoil dented sales.  ( 28 min )
    Intel CEO Pat Gelsinger Buys Up Stock After Earnings
    The chipmakerhasn’t gotten a sustained lift from a beat-and-raise quarter. The CEO bought $250,000 worth of the stock.  ( 38 min )
    CEO distances Anheuser-Busch from Bud Light Dylan Mulvaney controversy: 'Not a formal campaign'
    Anheuser-Busch CEO Michel Doukeris distanced Bud Light from transgender influencer Dylan Mulvaney on an earnings call with investors Thursday, claiming Bud Light partnered with Mulvaney for "one post," not a campaign.  ( 39 min )
    Is TLRY Stock A Buy After Launching New Products And Expected Smaller Losses?
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    Stock slip as regional banks tank: Stock market news today
    Concerns at PacWest weighed on the regional banking sector on Thursday.  ( 39 min )
    Beaten-Up Block Reports Earnings Thursday. Here’s What to Expect.
    Block stock has faced headwinds since March after a critical report from a short-seller. Solid earnings could boost confidence in the fintech group.  ( 35 min )
    Wayfair Sees Road to Profitability. The Stock Is Jumping.
    The online furniture retailer said it expects to achieve a positive result in terms of adjusted Ebitda as soon as this quarter.  ( 35 min )
    Moderna Jumps After Unexpectedly Reporting Profit In The First Quarter
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    Novo Nordisk Stock Skids As Obesity Drug Wegovy Misses Expectations
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    Shares in two more US banks plunge as crisis fears spread
    US regional banks have been wracked by fears of contagion as PacWest attempted to calm investors after its shares plunged as much as 60pc overnight.  ( 40 min )
    Ask an Advisor: I Have $225K in the Stock Market. Should I Cash Out Some of It?
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    I Got a Large Cash Inheritance. Am I Going to Owe Taxes on It?
    If someone close to you has died, the last thing you may want to talk about is money. However, in order to honor their final wishes, you'll need to follow their will (if they left one) or potentially go to … Continue reading → The post How to Deposit a Large Cash Inheritance appeared first on SmartAsset Blog.  ( 40 min )
    This 'Golden Ratio' Could Change The Way You Budget Forever
    There's no shortage of budgeting and spending rules when it comes to personal finance. One says you shouldn't spend more than 30% of your monthly income on housing. Another says to always save 10% of your income. Don't take more … Continue reading → The post Are You Using the Golden Ratio of Finance? appeared first on SmartAsset Blog.  ( 39 min )
    Dow Jones Futures Fall After Jobless Claims; PacWest Crashes 45% On Possible Sale
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    Ask an Advisor: When Taking RMDs, How Do I Avoid Locking in Losses? I'll Be 72 Years Old Soon, and My Stocks Are ‘Way Down' This Year
    I will be 72 years old on Feb. 10, 2023. I have a traditional individual retirement (IRA) account. Most of the money is tied in stocks, and the stocks this year are way down. If I sell to pay the … Continue reading → The post Ask an Advisor: When Taking RMDs, How Do I Avoid Locking in Losses? I'll Be 72 Years Old Soon, and My Stocks Are ‘Way Down' This Year appeared first on SmartAsset Blog.  ( 41 min )
    A Clever Strategy to Get Your Long-Term Care Costs Covered by Medicaid
    A qualified income trust (or QIT) is a special form of trust designed to help people receive long-term care benefits under Medicaid. It is intended for people who make too much money to receive long-term or residential-care benefits under the … Continue reading → The post A Clever Strategy to Get Your Long-Term Care Costs Covered by Medicaid appeared first on SmartAsset Blog.  ( 41 min )
    Regeneron Pharma Dives As Competition Undercuts Its Biggest Moneymaker
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    Weight-Loss Drugs Will Be Blockbusters. Here’s the Stock to Buy.
    Weight-loss drugs from companies such as Eli Lilly and Novo Nordisk are poised to become big sellers. It isn’t too late to invest.  ( 37 min )
    Plummeting bank stocks test predictions that worst of the crisis is over
    PacWest and other regional banks plunged overnight on a wave of new pessimism about the industry  ( 43 min )
    Private Equity Apollo Global Nears Arconic $3B Deal: Report
    Apollo Global Management Inc (NYSE: APO) is reportedly close to taking Arconic Corporation (NYSE: ARNC) private in a roughly $3 billion deal. The deal is set to value Arconic at $30/share. Assuming the talks don’t fall apart at the last minute, the announcement to come by the time Arconic reports its results Thursday, Wall Street Journal reported citing people close to the matter. The industrial company, separated in 2016 from Alcoa Corp (NYSE: AA), has a hefty debt load of more than $1.5 billio  ( 38 min )
    Paramount Posts Earnings Loss on $1.7 Billion Charge, Cuts Dividend
    The media company said the charges are tied to a plan to remove certain programming as it combines streaming platforms. Shares fell more than 15% premarket.  ( 25 min )
    Investors Fear 12 Major Banks Are Still A Hot Mess
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    Shopify Stock Surges on Surprise Profit, Plans to Cut 20% of Staff, and Sale of Logistics Business
    Wall Street had expected the e-commerce software company to post a fiscal first-quarter loss.  ( 43 min )
    Peloton Losses Narrow as Subscription Business Stabilizes
    The exercise-equipment company said quarterly revenue declined 22% as demand for connected fitness equipment continued to fall.  ( 25 min )
    PayPal's Profit Could Get 50% Boost from Cost Cuts in Q1
    PayPal's net income is expected to rise 53% after the company reined in costs during Q1 2023 amid a challenging economy.  ( 19 min )
    The banking crisis isn’t over. But how bad will it get?
    Uncertainty continues to pummel the banking industry, despite assurances from financial regulators and bankers such as Jamie Dimon this week that the worst of the recent crisis is over and the health of the banking system remains strong. Bank shares have sold off on Wall Street this week following the government seizure and subsequent sale of First Republic Bank to JPMorgan. It was the second-largest bank failure in U.S. history and the third failure of a midsize lender in two months.  ( 43 min )
    Datadog Delivers Q1 Earnings Beat Amid Worries Over Cloud Computing
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    Zoetis Stock Falls Amid Mixed Earnings Report
    The animal health provider maintained its guidance for full year 2023 after first quarter earnings beat expectations.  ( 42 min )
    Shopify Surprises With Earnings, Sells Logistics Business To Flexport; SHOP Stock Is Surging
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    Paramount stock plummets after earnings miss, dividend cut
    Paramount Global reported quarterly earnings before the bell on Thursday. Here's what to know.  ( 41 min )
    Paramount stock plummets after earnings miss, dividend cut
    Paramount Global reported quarterly earnings before the bell on Thursday. Here's what to know.  ( 40 min )
    Paramount stock plummets after earnings show widening streaming losses, ad softness
    Paramount Global reported quarterly earnings before the bell on Thursday. Here's what to know.  ( 40 min )
    Toronto-Dominion Bank, First Horizon Terminate Merger Agreement
    The companies said the decision was made after TD Bank considered that obtaining the regulatory prerequisites wasn’t certain.  ( 25 min )
    Moderna Posts Earnings Beat. There’s Good News on Covid Vaccines Too.
    The biotech reports first-quarter profit of 19 cents a share, beating estimates of a $1.75 loss. Moderna also reiterates its Covid-19 vaccine sales outlook.  ( 37 min )
    Icahn/Hindenburg: gadfly gets a taste of his own medicine
    News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 5 min )
    Oil Prices Under Pressure on Economic Fears and Gusher of Russian Supply
    With a slowing global economy crimping demand, Moscow appears not to have followed through on pledges to ax output.  ( 26 min )
    Remote work has become a bargaining chip–and that’s problematic
    Employers think remote work is merely a benefit they can roll back in times of economic hardship–but there are deeper issues at stake.  ( 40 min )
    AB InBev avoided talking about Bud Light in its better-than-expected earnings
    The world’s largest brewer finally has another reason for making headlines besides its Bud Light marketing blunder: Stellar earnings.  ( 41 min )
    Apple’s Revenue Woes Put Market-Leading Rally at Risk
    (Bloomberg) -- After blowout results from Microsoft Corp. and Meta Platforms Inc. spurred huge rallies in their stocks, there are concerns the bar has been set too high for Apple Inc.Most Read from BloombergZelenskiy Denies Ukraine Sent Drones to Hit Putin, KremlinPacWest Is Weighing Strategic Options, Including Possible SaleBanker Pay Surges For Those Willing to Work in Saudi ArabiaUS Looks Past India’s Rights Record as China Worries DeepenChina Takes the Yuan Global in Bid to Repel a Weaponize  ( 40 min )
    Warren Buffett Has Been Betting Big on Oil. It’s Time to Find Out Why.
    One of the most successful stock pickers of all time admitted years ago that he was “dead wrong” on an earlier oil-company investment. What’s changed for Berkshire Hathway?  ( 28 min )
    Apple Set to Report Weaker Sales for Second Straight Quarter
    The iPhone maker is expected to report that its sales declined as demand has waned for some of its products after reaching record levels during the pandemic.  ( 27 min )
    Shell to hand $12bn back to shareholders after record profits
    Shell is to hand $12bn (£9.6bn) back to shareholders after posting a record quarterly profit of $9.7bn, triggering fresh calls for a bigger windfall tax on energy companies.  ( 39 min )
    Shell Beats Estimates With Profit of Nearly $10 Billion, Sets $4 Billion Buyback
    First-quarter earnings at Shell were $9.7 billion, slightly lower than the fourth quarter, but substantially higher than analysts' estimates of $8 billion.  ( 33 min )
    Two more US banks plunge as crisis fears spread - latest updates
    PacWest shares plummeted by 50pc in after hours trading in New York amid talks of a rescue for the US regional bank.  ( 41 min )
    Apple Reports Earnings Today. It Looks to Extend Big Tech’s Streak.
    Shares of the iPhone maker are up 31% this year, though Wall Street is forecasting another year-over-year sales decline in the latest quarter.  ( 34 min )
    PacWest Moves to Calm Market After Rout, Says Deposits Rose
    (Bloomberg) -- PacWest Bancorp said deposits have increased since March and confirmed it’s in talks with several potential investors, seeking to calm markets after a 60% stock rout that made it the new focal point of concern over the health of US regional lenders.Most Read from BloombergZelenskiy Denies Ukraine Sent Drones to Hit Putin, KremlinPacWest Is Weighing Strategic Options, Including Possible SaleBanker Pay Surges For Those Willing to Work in Saudi ArabiaUS Looks Past India’s Rights Reco  ( 39 min )
    Treasury Yields May Fall to 2% as Gundlach, Banks Eye Recession
    (Bloomberg) -- The rally in US Treasuries is set to accelerate as the world’s biggest economy slides toward a recession, analysts say.Most Read from BloombergZelenskiy Denies Ukraine Sent Drones to Hit Putin, KremlinPacWest Is Weighing Strategic Options, Including Possible SaleBanker Pay Surges For Those Willing to Work in Saudi ArabiaUS Looks Past India’s Rights Record as China Worries DeepenNigeria Targeted a UK Mansion; Its Next Leader’s Son Now Owns ItBenchmark 10-year yields may fall to as  ( 39 min )
    Coinbase Earnings Are Coming. Another Bad Quarter Isn’t Even the Biggest Worry.
    Coinbase is expected to report a first-quarter loss of $1.98 a share on Thursday, but many analysts are more focused on the regulatory backdrop.  ( 34 min )
    Dow Jones Futures Rise On PacWest Update After PACW Dives On Sale Report; Apple Earnings On Tap
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    Weight-Loss Drugs Will Be Blockbusters. Here’s the Stock to Buy.
    Weight-loss drugs from companies such as Eli Lilly and Novo Nordisk are poised to become big sellers. It isn’t too late to invest.  ( 37 min )
    Oil’s Dramatic Open Leaves Traders Puzzled After WTI Crashes
    (Bloomberg) -- After a wave of selling over the last week it was little surprise when US crude futures opened lower on Thursday, but few traders were braced for the 7.2% plunge that unfolded in the first dramatic minutes of trading.Most Read from BloombergZelenskiy Denies Ukraine Sent Drones to Hit Putin, KremlinPacWest Is Weighing Strategic Options, Including Possible SaleBanker Pay Surges For Those Willing to Work in Saudi ArabiaUS Looks Past India’s Rights Record as China Worries DeepenNigeri  ( 39 min )
    Pushback Against Powell’s Prognosis Comes Almost Immediately
    (Bloomberg) -- Within hours of the Federal Reserve’s latest policy decision, traders and commentators alike had started to challenge Chair Jerome Powell’s assessment of the economy.Most Read from BloombergZelenskiy Denies Ukraine Sent Drones to Hit Putin, KremlinPacWest Is Weighing Strategic Options, Including Possible SaleBanker Pay Surges For Those Willing to Work in Saudi ArabiaUS Looks Past India’s Rights Record as China Worries DeepenNigeria Targeted a UK Mansion; Its Next Leader’s Son Now  ( 40 min )
    Oil’s Chaotic Selloff Worsens With 7.2% Tumble at Asia Open
    (Bloomberg) -- Oil sank to its lowest since 2021 as weak demand data from the US added to concerns that the global economy is set for a recession.Most Read from BloombergZelenskiy Denies Ukraine Sent Drones to Hit Putin, KremlinNigeria Targeted a UK Mansion; Its Next Leader’s Son Now Owns ItUS Looks Past India’s Rights Record as China Worries DeepenBanker Pay Surges For Those Willing to Work in Saudi ArabiaCarl Icahn’s Wealth Plunges $10 Billion on Hindenburg Short-Seller ReportWest Texas Interm  ( 38 min )
    Here's what the Fed should say to curb market volatility amid bank tremors, sticky inflation, and higher rates, according to Mohamed El-Erian
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    Another bank failure? PacWest reportedly seeks buyers after stock drop
    Another regional bank, PacWest Bancorp, is mulling a sale or other moves, according to Bloomberg. Raising capital and breaking up its businesses are other options.  ( 39 min )
    J&J’s Kenvue Prices IPO at $22 Per Share
    (Bloomberg) -- Johnson & Johnson’s consumer health business Kenvue Inc. has priced its initial public offering at $22 per share, according to people familiar with the matter. Most Read from BloombergZelenskiy Denies Ukraine Sent Drones to Hit Putin, KremlinNigeria Targeted a UK Mansion; Its Next Leader’s Son Now Owns ItUS Looks Past India’s Rights Record as China Worries DeepenBanker Pay Surges For Those Willing to Work in Saudi ArabiaCarl Icahn’s Wealth Plunges $10 Billion on Hindenburg Short-S  ( 39 min )
    Apollo Global-Led Group Nears Deal to Buy Arconic
    The firms are set to pay $30 a share, or about $3 billion, for the industrial-parts manufacturer, according to people familiar with the matter.  ( 26 min )
    Lithium Maker Albemarle Absolutely Crushed Earnings. The Stock Is Dropping.
    Wednesday evening, Albemarle reported first-quarter adjusted earnings per share of $10.32 from sales of $2.6 billion. Wall Street was looking for $7 and $2.7 billion, respectively.  ( 34 min )
  • Open

    PacWest, First Horizon, Western Alliance Big Losers As Regional Bank Shares Tank
    Shares of PacWest Bancorp, First Horizon and Western Alliance, down 46%, 34% and 30%, led a broader intra-day trading rout in the stocks of U.S. regional and mid-sized banks.  ( 1 min )
    5 Things to Know Before Markets Open
    PacWest shares fell over 40% in pre-market trading amid reports it's exploring options that include a sale, and the European Central Bank is expected to hike rates to curb inflation. Here’s what investors need to know today.  ( 1 min )
  • Open

    Waakhond vindt niet dat energiebedrijven woekerwinsten maakten tijdens crisis
    Energieleveranciers hebben redelijke prijzen gevraagd voor gas en elektra in het eerste kwartaal van dit jaar. Dat concludeert de Autoriteit Consument & Markt (ACM) na onderzoek. Volgens de toezichthouder zijn de hoge energieprijzen het gevolg van de onstuimige markt en is er geen sprake van woekerprijzen.  ( 4 min )
    Energiebedrijven maakten volgens ACM geen woekerwinsten tijdens crisis
    Energieleveranciers hebben redelijke prijzen gevraagd voor gas en elektra in het eerste kwartaal van dit jaar. Dat concludeert de Autoriteit Consument & Markt (ACM) na onderzoek. Volgens de toezichthouder zijn de hoge energieprijzen het gevolg van de onstuimige markt en is er geen sprake van woekerprijzen.  ( 4 min )
    ECB verhoogt rente nog eens om inflatie te temmen
    De Europese Centrale Bank (ECB) heeft haar belangrijkste rentetarief opnieuw verhoogd. Belangrijkste doel is om de inflatie terug te brengen richting de 2 procent. Tot nu toe is de inflatie ondanks zes eerdere renteverhogingen hooguit gestabiliseerd.  ( 4 min )
    Albert Heijn-filialen zijn pas over enkele dagen weer goed bevoorraad
    Het duurt nog enkele dagen voordat alle winkels van Albert Heijn in ons land optimaal bevoorraad zijn. De werkzaamheden in de verschillende distributiecentra zijn opgestart. Vooral in het noordoosten en zuidwesten van het land is er gebrek aan verse en houdbare producten.  ( 3 min )
    Enige autofabriek van Nederland ligt plat door staking
    Honderden medewerkers van autofabrikant VDL Nedcar in het Limburgse Born zijn donderdagochtend opnieuw in staking gegaan. Onderhandelingen tussen de vakbonden en de directie van de fabriek liepen eerder deze week vast, waarna woensdag een wilde staking uitbrak.  ( 4 min )
    Grote staking bij autofabrikant VDL Nedcar in Limburg
    Honderden medewerkers van autofabrikant VDL Nedcar in het Limburgse Born zijn donderdagochtend opnieuw in staking gegaan. Onderhandelingen tussen de vakbonden en de directie van de fabriek liepen eerder deze week vast, waarna woensdag een wilde staking uitbrak.  ( 4 min )
    Vollere winkelmandjes bezorgen Zalando meer omzet, maar geen winst
    Dankzij vollere winkelmandjes en een efficiëntere logistiek is het verlies van Zalando in het eerste kwartaal van dit jaar gehalveerd. Vorig jaar zakten de winstcijfers van de online kledingwinkel in elkaar omdat de consument na corona weer steeds meer naar fysieke winkels ging.  ( 3 min )
    Finse krant omzeilt Russische censuur via schietspel Counter-Strike
    De Finse krant Helsingin Sanomat omzeilt de Russische censuur via de populaire game Counter-Strike: Global Offensive (CS:GO). De krant heeft in het spel een wereld gebouwd waar Russische spelers in een geheime ruimte informatie over de oorlog in Oekraïne kunnen vinden.  ( 4 min )
    Omstreden Sanderink krijgt alvast opvolger tijdens schorsing bij Strukton
    De geschorste Strukton-bestuursvoorzitter Gerard Sanderink krijgt alvast een opvolger. Het bouwbedrijf heeft voormalig BAM-topman Rob van Wingerden aangesteld. Strukton voert een procedure om definitief van Sanderink af te komen.  ( 3 min )
    Werkgevers moeten strooien met extra's in strijd om personeel
    Werknemers belonen als ze nieuwe collega's binnenhalen, nieuw personeel hoger in de loonschaal plaatsen: alles wordt door werkgevers uit de kast gehaald om personeel aan te trekken. Maar die extraatjes die nodig zijn in de strijd tegen hoog personeelsverloop, zorgen er tegelijkertijd ook voor dat werknemers sneller vertrekken.  ( 3 min )
    Opnieuw miljardenwinst voor Shell ondanks lagere prijzen olie en gas
    Shell had in het eerste kwartaal van dit jaar te maken met lagere prijzen voor olie en gas dan vorig jaar. Toch zette de energiereus een winst in de boeken van maar liefst 9,6 miljard dollar (8,6 miljard euro). Een stijging van 6 procent ten opzichte van een jaar eerder.  ( 3 min )
    Gascrisis lijkt volgens energieagentschap IEA grotendeels voorbij
    Het ergste van de gascrisis lijkt achter ons te liggen. Zo zijn de prijzen flink gezakt na de extreme stijgingen van vorig jaar. Daarom is het internationaal energieagentschap IEA voorzichtig optimistisch over de toekomst. Wel zijn er nog onzekerheden die roet in het eten kunnen gooien.  ( 4 min )
    Albert Heijn en vakbonden gaan weer om tafel: stakingen voorlopig opgeschort
    Albert Heijn en vakbonden CNV en FNV gaan binnenkort weer met elkaar om tafel over een nieuwe cao voor medewerkers van distributiecentra. De stakingen die vorige week begonnen en elf dagen duurden, veroorzaakten veel lege schappen in de supermarkt.  ( 4 min )
    Slechts 3 procent 'rechtvaardig' klimaatpakket Jetten voor mensen in armoede
    "Rechtvaardig, uitvoerbaar en ambitieus." Die woorden omschrijven volgens klimaatminister Rob Jetten zijn pakket maatregelen om de CO2-uitstoot extra terug te dringen. Toch gaat maar een klein puntje van de subsidietaart naar mensen in (energie)armoede. Een flink deel gaat naar de industrie en naar waterstofproductie.  ( 7 min )
    Albert Heijn en vakbonden gaan om tafel, stakingen voorlopig opgeschort
    Albert Heijn en vakbonden CNV en FNV gaan binnenkort weer met elkaar om tafel over een nieuwe cao voor medewerkers van distributiecentra. De stakingen die vorige week begonnen veroorzaakten veel lege schappen in de supermarkt.  ( 3 min )
    De rentes gaan omhoog, en dat doet steeds meer pijn
    De Europese Centrale Bank verhoogt haar rente vandaag waarschijnlijk opnieuw. Dat zou de zevende keer in minder dan een jaar tijd zijn. De verhogingen moeten de inflatie beteugelen, maar doen op steeds meer manieren juist pijn.  ( 5 min )
    Meeste subsidies uit 'rechtvaardig' klimaatpakket Jetten gaan naar bedrijven
    "Rechtvaardig, uitvoerbaar en ambitieus." Die woorden omschrijven volgens klimaatminister Rob Jetten zijn pakket maatregelen om de CO2-uitstoot extra terug te dringen. Toch gaat maar een klein puntje van de subsidietaart naar mensen in (energie)armoede. Een flink deel gaat naar de industrie en naar waterstofproductie.  ( 7 min )
  • Open

    PacWest's Shares Plummet as It Considers Possible Sale
    A report indicating PacWest Bancorp has begun considering options including a possible sale, slashed more than half of the bank's market value in extended hours trading Wednesday.  ( 1 min )
    JPMorgan's First Republic Buy Is Eerily Similar To Its 2008 Bear Stearns Purchase
    JPMorgan's First Republic Bank purchase includes loss-sharing deal with FDIC, similar to its 2008 acquisition of Bear Stearns.  ( 1 min )

  • Open

    Markets End Lower Following Fed Decision
    U.S. equities were lower on May 3, 2023, as Fed policymakers raised interest rates but suggested that they might pause their tightening campaign.  ( 1 min )
    5 Things to Know Before Markets Open
    The Federal Reserve is expected to raise interest rates for the 10th straight time to curb inflation. Here’s what investors need to know today.  ( 1 min )
    5 Things to Know Before Markets Open
    Treasury Secretary Janet Yellen warned the U.S. could hit its debt limit sooner than expected, as early as June 1 if Congress doesn't act to raise the debt ceiling. Here’s what investors need to know today.  ( 1 min )
    Markets Fall on Fed, Bank Concerns
    U.S. equities tumbled on May 2, 2023, ahead of the Fed decision on interest rates and amid concerns about banks.  ( 1 min )
  • Open

    China Takes the Yuan Global in Bid to Repel a Weaponized Dollar
    (Bloomberg) -- China is putting the yuan front and center in its fight back against the US's unique influence over global money.Most Read from BloombergZelenskiy Denies Ukraine Sent Drones to Hit Putin, KremlinNigeria Targeted a UK Mansion; Its Next Leader’s Son Now Owns ItUS Looks Past India’s Rights Record as China Worries DeepenBanker Pay Surges For Those Willing to Work in Saudi ArabiaCarl Icahn’s Wealth Plunges $10 Billion on Hindenburg Short-Seller ReportPresident Xi Jinping's government h  ( 43 min )
    Qualcomm Sees No Immediate Smartphone Demand Recovery
    The mobile-phone chip maker is diversifying into new areas as its core market slows.  ( 25 min )
    Stocks moving in after-hours: Zillow, Etsy, Qualcomm
    These are stocks moving in after-hours on Wednesday, May 3, 2023  ( 40 min )
    Dow Jones Falls As Fed Chief Powell Pushes Back On Rate Cuts; PacWest Dives Late
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    Regional Banks Sink as PacWest Weighs Strategic Options
    (Bloomberg) -- Western Alliance Bancorp and other US regional bank stocks sank in afterhours trading as PacWest Bancorp plunged following a report that it’s said to weigh strategic options including a sale.Most Read from BloombergZelenskiy Denies Ukraine Sent Drones to Hit Putin, KremlinNigeria Targeted a UK Mansion; Its Next Leader’s Son Now Owns ItUS Looks Past India’s Rights Record as China Worries DeepenCarl Icahn’s Wealth Plunges $10 Billion on Hindenburg Short-Seller ReportBanker Pay Surge  ( 38 min )
    PacWest Stock Falls 55% in After-Hours Trading
    The regional firm has been among the most volatile bank stock since the failure of Silicon Valley Bank triggered a deposit run.  ( 22 min )
    Fed decision: Wall Street reacts to a 'hawkish pause'
    Wednesday's interest rate hike was largely priced in. What the market wants to know is what the Fed will do next.  ( 41 min )
    SolarEdge Smashes First-Quarter Profit Expectations; Shares Brighten
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    US Regional Banks Slump as Rout Deepens on First Republic Flop
    (Bloomberg) -- Regional US banking stocks joined a broad market rally ahead of a Federal Reserve decision, easing Tuesday’s deep selloff after the failure of troubled lender First Republic Bank prompted investors to renew their scrutiny on the sector’s prospects. Most Read from BloombergZelenskiy Denies Ukraine Sent Drones to Attack Putin in KremlinNigeria Targeted a UK Mansion; Its Next Leader’s Son Now Owns ItCarl Icahn’s Wealth Plunges $10 Billion on Hindenburg Short-Seller ReportUS Gives a ‘  ( 40 min )
    Qualcomm Stock Drops After Chipmaker's June-Quarter Outlook Misses Views
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    Icahn Short Sellers Reap Only a Fraction of Billionaire’s $6 Billion Stock Drop
    (Bloomberg) -- Hindenburg Research is targeting Carl Icahn’s investment firm as its latest victim, but short-sellers haven’t made much off the company’s $6.3 billion wipeout largely because Wall Street is so reluctant to bet against the billionaire.Most Read from BloombergZelenskiy Denies Ukraine Sent Drones to Hit Putin, KremlinNigeria Targeted a UK Mansion; Its Next Leader’s Son Now Owns ItCarl Icahn’s Wealth Plunges $10 Billion on Hindenburg Short-Seller ReportUS Looks Past India’s Rights Rec  ( 40 min )
    Ask an Advisor: My Retirement Savings Were Wiped Out. How Can I Recoup My Recent Investment Losses This ‘Late in the Game?'
    My retirement savings were wiped out in market changes over the last couple of years. I am planning on working for about five more years. What investment suggestions do you have this late in the game? – Daniel Sorry to … Continue reading → The post Ask an Advisor: My Retirement Savings Were Wiped Out. How Can I Recoup My Recent Investment Losses This ‘Late in the Game?' appeared first on SmartAsset Blog.  ( 40 min )
    Anheuser-Busch’s Earnings Are on Tap. Analysts Care About the Conference Call.
    Anheuser-Busch's first-quarter earnings won't reveal the financial impact of a boycott over social media influencer Dylan Mulvaney. But analysts will likely ask about it.  ( 23 min )
    Cathie Wood Adds $15 Million Of Coinbase Stock Ahead Of Earnings
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    What Wall Street Is Saying About the Fed Rate Decision
    (Bloomberg) -- Wall Street was stumped by the Federal Reserve on Wednesday. Most Read from BloombergZelenskiy Denies Ukraine Sent Drones to Hit Putin, KremlinNigeria Targeted a UK Mansion; Its Next Leader’s Son Now Owns ItCarl Icahn’s Wealth Plunges $10 Billion on Hindenburg Short-Seller ReportUS Looks Past India’s Rights Record as China Worries DeepenBanker Pay Surges For Those Willing to Work in Saudi ArabiaIn the statement accompanying its quarter-point interest rate hike, the central bank re  ( 40 min )
    Loews CEO James Tisch uses a famous Warren Buffett quote to explain the banking fiasco - and warns more lenders may get into trouble.
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    Stocks Turn Negative After Powell Dismisses Rate Cuts in 2023
    Stocks gave up their gains in late afternoon trading, after Federal Reserve Chairman Jerome Powell said the central bank was unlikely to cut rates this year. Around 3:50 p.m. ET, the S&P 500 was down 0.2%, the Dow Jones Industrial Average was off 0.4%, and the Nasdaq Composite was up 0.2%. Prior t  ( 23 min )
    Federal Reserve May Be Done Hiking, But Powell Leaves Doubt; S&P 500 Slips
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    Porsche, luxury automakers extend streak of strong results
    Add Porsche to the list of luxury automakers taking share and making bigger profits in a post-pandemic world.  ( 40 min )
    Starbucks Stock Got Crushed After Earnings. What to Do With It Now.
    There’s a good chance guidance was conservative.  ( 22 min )
    Buying Berkshire Hathaway Stock In The 80s Turned This Everyday Investor Into A Billionaire
    Kansas-based investor Stewart Horejsi became a billionaire sensation with a rags-to-riches story that is the envy of many. See Next: Gamers Making Thousands Selling Gaming Skins And Assets: Gameflip's Bold Vision For The Future Of Gaming Commerce While most people believe that becoming a billionaire requires a lifetime of dedication, hard work and a stroke of luck, Horejsi's journey to the top was all thanks to one savvy investment that changed his life forever. Horejsi is now worth an estimated  ( 40 min )
    'I Think People Can Make It On $999 Million,' Bernie Sanders Blasts America's Billionaires. Here Is How The Ultra-Rich Can Pay Less Income Tax Than You — Legally
    It’s no secret that U.S. Sen. Bernie Sanders is not a fan of America’s billionaires. When CNN host Chris Wallace asked him whether he believed the government should “confiscate all the rest” once a person makes over $999 million, the senator’s answer was affirmative. “Fine, yes, I think people can make it on $999 million,” he said. “I think that they can survive just fine.” Sanders emphasized that his view that billionaires shouldn’t exist does not constitute a personal attack on any specific bi  ( 40 min )
    What's Going On With NVIDIA Stock Today
    NVIDIA Corp (NASDAQ: NVDA) shares are trading lower in sympathy with Advanced Micro Devices, Inc (NASDAQ: AMD), whose weak outlook sparked a selloff. AMD's first-quarter revenue came in at $5.35 billion, down 9% year-on-year, beating the consensus of $5.3 billion. The adjusted EPS of $0.60, down 47% Y/Y, beat the consensus of $0.56. AMD guided second-quarter revenue to $5.3 billion, plus or minus $300 million, which trailed the consensus estimate of $5.49 billion. Nvidia shares gained close to 9  ( 38 min )
    Dave Ramsey Shares His Secret To The Fastest Path To Millionaire Status
    Dave Ramsey, best-selling author and personal finance expert, has been teaching people how to build wealth since 1992. He’s the host of “The Ramsey Show,” a radio show and podcast with over 20 million listeners per week, and has appeared on more TV shows than you can count, including “Good Morning America,” “CBS Mornings,” “Today,” Fox News and CNN. Don’t Miss: Kevin O'Leary-Backed Startup Lets You Become a Venture Capitalist With $100 According to GOBankingRates, Ramsey is one of Money’s Most I  ( 39 min )
    Live updates: Jerome Powell news conference on Fed rate hike of 0.25 percentage point
    The Fed continues to push the federal funds rate higher to curb inflation, which has slowed but still poses an economic threat.  ( 41 min )
    Strong Fundamentals Make These 3 ‘Strong Buy’ Stocks Too Cheap to Ignore
    “Sell in May and go away” might be a well-known maxim telling investors to keep their distance from the stock market for a while during this time of year, but if a Bank of America prediction is about to play out, investors may want to consider re-entering the market before the hot season kicks off. That’s because BofA technical strategist Stephen Suttmeier thinks various technical indicators are signaling the stock market is readying to push higher by as much as 5% over the summer – that is, aft  ( 43 min )
    Bill Ackman jabs at old rival Carl Icahn after short-seller Hindenburg's bombshell report
    The billionaire investors entered a bitter feud a decade ago when Ackman made a $1 billion bet against nutritional supplements company Herbalife.  ( 38 min )
    Apple’s earnings could buoy or sink Big Tech’s earnings season
    Apple will reports its Q2 earnings on Thursday, and they could be good or bad news for the rests of the tech industry.  ( 40 min )
    12 Stocks That Offer Growth, Value, and Momentum
    Why pick one factor or style of investing when you can have them all?  ( 44 min )
    Regional banks a focus for investors as Fed raises rates again
    PacWest and Western Alliance rise Wednesday after plummeting Tuesday.  ( 41 min )
    Fed Raises Rate By 25 BPS; Eli Lilly Hits All-Time High On Alzheimer's Breakthrough Report
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    Federal Reserve pushes interest rates above 5% for first time since 2007
    The Federal Reserve latest policy decision on Wednesday could mark the end of its rate hiking campaign, the most aggressive from the central bank since the 1980s.  ( 38 min )
    Key Takeaways From Fed Decision to Raise Rates a Quarter Point
    Here are key takeaways from the Federal Reserve's interest-rate decision and statement on Wednesday: Federal Open Market Committee raises benchmark rate by 25 basis points, as forecast, to target range of 5%-5.25%; omits prior language saying “some additional policy firming” may be warranted, suggesting Fed could pause at the next meeting Instead, FOMC will take into account various factors “in determining the extent to which additional policy firming may be appropriate” Inflation remains elevat  ( 37 min )
    Top Alternative Energy Stocks for Q2 2023
    Daqo New Energy Corp. and First Solar Inc are among top alternative energy names this quarter.  ( 22 min )
    Ford vs. Tesla: The EV price war continues
    While other automakers have balked at following Tesla's lead and cutting prices, Ford is rolling the dice on what could be a very risky gambit.  ( 42 min )
    Ford v Tesla: The EV price war continues
    While other automakers have balked, Ford is rolling the dice on what could be a very risky gambit.  ( 41 min )
    Estee Lauder stock tanks as company cuts sales outlook
    Pandemic-related shutdowns in Asia are hurting Estee Lauder, which relies heavily on travel retail in the region.  ( 40 min )
    Unity To Let Go Of 600 Employees Under Its Latest Layoff Round
    Unity Software Inc (NYSE: U) is amid its third and largest round of layoffs in the past year, joining the downsizing bandwagon. Unity is slashing roughly 600 jobs, about 8% of its workforce. Unity is also planning to reduce its global network of offices over the next few years to fewer than 30 from 58 today, the Wall Street Journal reports. The job cuts come after Unity let go more than 500 employees in two rounds of layoffs, one this January and another last June, as macro headwinds weigh. The  ( 38 min )
    Restaurant Stocks: Ruth's Soars 33% On Buyout; Wingstop Extends Breakout
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    Why CVS Health Shares Are Falling Today
    CVS Health Corp's (NYSE: CVS) Q1 sales increased 11% Y/Y to $85.28 billion, beating the consensus of $80.95 billion. The company's pharmacy and consumer wellness segment saw revenue grow 12% to $25.88 billion, as increased prescription volumes and higher prices offset declining revenue from fewer Covid-19 vaccines and tests. Prescriptions filled increased by 2.5% on a 30-day equivalent basis, primarily driven by increased utilization and the impact of an elevated cough, cold & flu season, partia  ( 38 min )
    Why Warren Buffett keeps buying Occidental Petroleum — 'Nothing but sense'
    Warren Buffett's Berkshire Hathaway keeps buying Occidental Petroleum shares. Investors are asking whether an outright acquisition could be next.  ( 42 min )
    Elizabeth Warren says U.S. taxpayers will have to foot the bill if JPMorgan ‘stumbles’ after First Republic buyout
    The Democratic senator raised concerns about the deal reigniting the “Too Big to Fail” problem.  ( 40 min )
    Big Hedge Funds Face New 72-Hour Deadline to Report Losses
    (Bloomberg) -- Large hedge funds would have just three days to privately tell US regulators about extraordinary investment losses and major margin events under a new rule that’s set to be approved by the Securities and Exchange Commission. Most Read from BloombergNigeria Targeted a UK Mansion; Its Next Leader’s Son Now Owns ItCarl Icahn’s Wealth Plunges $10 Billion on Hindenburg Short-Seller ReportWall Street Rattled by 15% Tumble in Pair of Banks: Markets WrapRussia Says It Foiled Kremlin Drone  ( 39 min )
    Icahn Enterprises Drops to Decade Low as Rout From Short Report Deepens
    (Bloomberg) -- The selloff in Icahn Enterprises LP triggered by a short report deepened on Wednesday, sending the stock to its lowest since December 2010. Most Read from BloombergRussia Says It Foiled Kremlin Drone Attack Aimed At PutinNigeria Targeted a UK Mansion; Its Next Leader’s Son Now Owns ItCarl Icahn’s Wealth Plunges $10 Billion on Hindenburg Short-Seller ReportUS Gives a ‘Free Pass’ to India as Worry Over China Rivalry DeepensWall Street Rattled by 15% Tumble in Pair of Banks: Markets  ( 38 min )
    Oil’s Slide Continues as Demand Worries Intensify
    U.S.-traded oil prices fell below $70 per barrel for the first time since March on Wednesday morning.  ( 22 min )
    Regional banks a focus for investors as Fed decision nears
    PacWest and Western Alliance rise Wednesday after plummeting Tuesday.  ( 41 min )
    Pharma Giant Pfizer To Start Selling Haleon Stake Within Months, CFO Says
    Pfizer Inc (NYSE: PFE) is reportedly looking to start selling its stake in Haleon plc (NYSE: HLN). In June last, the pharma giant announced its plans to exit the ownership interest in Haleon in a disciplined manner after the demerger. Pfizer's CFO, Dave Denton, told the Financial Times that it intends to offload that stake in a "slow and methodical" manner within months. Pfizer retained its 32% stake in Haleon. GSK Plc (NYSE: GSK) has up to 13.5% in Haleon, while GSK shareholders will own the re  ( 39 min )
    The exact six-figure salary that Gen Z and millennials need to feel like they’ve ‘made it’
    For young workers, a six-figure salary is the marker of success.  ( 38 min )
    ‘S&P 500 to hit 3,500’: J.P. Morgan warns of 15% drop by summer — here are 2 stocks to help protect you from the pain
    For the past month, the S&P 500 has been hovering mostly around the 4100s without breaking out meaningfully in either direction. However, J.P. Morgan’s head of technical strategy Jason Hunter thinks that is about to end, and not in a good way for the bulls – at least in the short term. “We continue to expect a sell off from that area to retest medium-term support at the 3764 Dec low and 3760 Oct 61.8% retrace this spring, and look for an eventual extension back to key levels near 3500 by early s  ( 41 min )
    Starbucks Tops Q2 Estimates; Shares Dive As Analysts Hoist Price Targets
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    SunPower Stock Scorched On Unexpectedly Deep First-Quarter Losses
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    EUR/USD Forecast – Euro Continues to Pressure the Upside
    The Euro rallied a bit during the trading session on Wednesday as we waited for the Federal Reserve decision, and then of course the Thursday ECB decision.  ( 39 min )
    Bed Bath & Beyond Starts Delisting Process Today. It Was Once a Star Stock.
    The retailer was a star stock during its first 20 years as a public company, but things fell apart in recent years.  ( 23 min )
    Where Do Millionaires Keep Their Money?
    Where do millionaires keep their money? High net worth individuals put money into different classifications of financial and real assets, including stocks, mutual funds, retirement accounts and real estate. Most of the 20.27 million millionaires in the U.S. did not … Continue reading → The post Where Do Millionaires Keep Their Money? appeared first on SmartAsset Blog.  ( 41 min )
    Ask an Advisor: I'm Over Age 72. How Do I Avoid the RMD Tax Bite?
    I'm over age 72. What can I do about avoiding the required minimum distribution (RMD) tax bite? I have a steady stream of other income. -Bernie Tax-deferred accounts, such as 401(k)s and traditional individual retirement accounts (IRAs), are potentially great … Continue reading → The post Ask an Advisor: I'm Over Age 72. How Do I Avoid the RMD Tax Bite? appeared first on SmartAsset Blog.  ( 40 min )
    Table: 2023's IRA Required Minimum Distribution (RMD)
    An individual retirement account, more commonly referred to as an IRA, is a good place to save for your retirement. Once you reach a certain age, though, you'll have to start taking a minimum amount out of your account each … Continue reading → The post IRA Required Minimum Distribution (RMD) Table for 2023 appeared first on SmartAsset Blog.  ( 40 min )
    Over 50? T. Rowe Price Says You Should Do This in a Down Market
    As markets tumble, folks nearing retirement are scrambling to locate strategies that will help them protect their nest eggs and grow their wealth. But if you're over 50 and currently in the workforce, you may specifically want to consider a … Continue reading → The post T. Rowe Price Says Workers Over 50 Should Do This in a Down Market appeared first on SmartAsset Blog.  ( 40 min )
    Most Americans Retire at This Age: How Do You Compare?
    Determining when to retire can be tough. There are various factors to consider, including your financial situation, your health, and the lifestyle you wish to enjoy once you retire. While the decision of when to retire is personal to you, … Continue reading → The post When Do People Retire on Average appeared first on SmartAsset Blog.  ( 40 min )
    Baby Boomers Need This Much Money to Retire Comfortably
    The Baby Boomer generation is reaching retirement age in record numbers. With more Boomers retiring on a daily basis, it helps to understand how prepared they are to leave their jobs for good. In this article, we’ll discuss the average … Continue reading → The post Average Retirement Savings for Baby Boomers appeared first on SmartAsset Blog.  ( 42 min )
    Olive Garden Owner to Buy Ruth’s Chris Steak House
    Darden Restaurants is buying the steakhouse chain in an all-cash deal with an equity value of $715 million.  ( 25 min )
    Carnival CEO: We aren't issuing stock to pay down debt
    Carnival is looking to set sail down a different financial path.  ( 41 min )
    Dow Jones Futures Rise Ahead Of Fed Decision, Powell Comments. AMD Dives On Earnings.
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    Dow Jones Futures: Fed Hike Due, PacWest, AMD In Focus. Eli Lilly Drug Slows Alzheimer's.
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    Kraft Heinz Reports First-Quarter Sales Lifted by Higher Prices
    The food maker said price increases dented sales volumes.  ( 25 min )
    Only 2 Companies Are AAA Rated As U.S. Risks Being A Deadbeat
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    Stock futures edge up as Fed’s decision looms: Stock market news today
    All eyes on Wall Street were on the Federal Reserve's move.  ( 40 min )
    Amazon cut 27,000 roles, including many in HR. Here’s where it’s investing those savings
    Amazon is shifting investments to its noncore businesses and international expansion after slowing e-commerce sales and layoffs.  ( 39 min )
    Apple, Tesla, and Nvidia Have Propped Up the S&P 500. Powell May Fuel More Gains.
    Megacap tech stocks have led the S&P 500 higher this year. The reason why further highlights the importance of Wednesday's Fed decision for markets.  ( 23 min )
    Ford Reported Blowout First-Quarter Numbers. Here’s What Wall Street Thinks.
    Ford reported first quarter operating profit of $3.4 billion, up from $2.3 billion a year ago. Wall Street was looking for $2.5 billion. Now analysts are weighing in on Ford's results.  ( 22 min )
    Taco Bell, KFC parent company Yum! Brands Q1 earnings beat same-store sales estimates
    Yum! Brands (YUM), which operates KFC, Pizza Hut, Taco Bell, and Habit Burger Grill, is expected to post fiscal Q1 earnings results Wednesday before market open.  ( 40 min )
    GM, Ford, and Stellantis Posted Strong Numbers. No One Cared. Here’s Why.
    The auto makers all reported better-than-expected first-quarter numbers. All three stocks are down.  ( 25 min )
    CVS Health’s Sales Rise 11%; Oak Street Health, Signify Health Acquisitions Close
    The company posted a net profit of $2.14 billion for the first quarter.  ( 27 min )
    CVS Posts Earnings Beat but Cuts Guidance. The Stock Falls.
    The health giant lowers earnings guidance for the full year.  ( 22 min )
    CVS beats Q1 expectations, cuts outlook after buying spree
    CVS Health beat first-quarter expectations on a jump in revenue from its pharmacy benefits management business but chopped the 2023 earnings projections it issued in the fall. The drugstore chain, pharmacy benefit manager and insurer said Wednesday that it now expects adjusted earnings of $8.50 to $8.70 per share for the year. In the third quarter, adjusted earnings totaled $2.20 per share, on $85.3 billion in total revenue.  ( 38 min )
    PacWest and Other Regional Bank Stocks Fall Further. The Turmoil Hasn’t Gone Away.
    Shares of PacWest, Western Alliance, and other regional lenders extend losses.  ( 25 min )
    Warren Buffett’s ‘Secret Sauce’ Involves One of Investing’s Most Basic Strategies
    Dividend stocks are core for the famed investor, whose fans will flock to Omaha, Neb., on Saturday for Berkshire Hathaway’s annual meeting.  ( 27 min )
    Brent Oil Extends Drop Below $75 as Demand Concerns Escalate
    (Bloomberg) -- Oil steadied in Asia after tumbling 5% on Tuesday as data pointed to a possible US recession and investors shunned risk assets.Most Read from BloombergNigeria Targeted a UK Mansion; Its Next Leader’s Son Now Owns ItCarl Icahn’s Wealth Plunges $10 Billion on Hindenburg Short-Seller ReportWall Street Rattled by 15% Tumble in Pair of Banks: Markets WrapIBM to Pause Hiring for Jobs That AI Could DoRegional Bank Shares Plunge on Fear of More Rescues to ComeBrent held above $75 a barrel  ( 39 min )
    Bed Bath & Beyond Starts Delisting Process Today. It Was Once a Star Stock.
    The retailer was a star stock during its first 20 years as a public company, but things fell apart in recent years.  ( 23 min )
    Bank Pain Is Just Getting Started, Ex-Fed President Kaplan Says
    (Bloomberg) -- The US regional banking crisis is far from over and the Federal Reserve should pause its rate hike campaign, according to former Federal Reserve Bank of Dallas President Robert Kaplan. Most Read from BloombergNigeria Targeted a UK Mansion; Its Next Leader’s Son Now Owns ItCarl Icahn’s Wealth Plunges $10 Billion on Hindenburg Short-Seller ReportWall Street Rattled by 15% Tumble in Pair of Banks: Markets WrapIBM to Pause Hiring for Jobs That AI Could DoRegional Bank Shares Plunge on  ( 38 min )
    Russian gas production slumps in blow to Putin's energy war - latest updates
    Russia's gas production has reportedly dropped by 10pc in a blow to Vladimir Putin's efforts to fund his war in Ukraine.  ( 37 min )
    Saudi Arabia Needs Pricier Oil to Balance Its Budget, IMF Says
    (Bloomberg) -- The International Monetary Fund expects Saudi Arabia won’t balance its budget if oil is below $80 a barrel, a revision that means the kingdom will move back into fiscal deficit after its first surplus in almost a decade.Most Read from BloombergNigeria Targeted a UK Mansion; Its Next Leader’s Son Now Owns ItCarl Icahn’s Wealth Plunges $10 Billion on Hindenburg Short-Seller ReportWall Street Rattled by 15% Tumble in Pair of Banks: Markets WrapIBM to Pause Hiring for Jobs That AI Cou  ( 39 min )
    The Debt-Ceiling Standoff Will Create Panic in the Stock Market. How to Profit From It.
    Any debt-ceiling-related stock decline will almost certainly be temporary. Stocks may even benefit from a default as investors regain their senses and realize U.S. stocks are among the world’s best stores of value.  ( 23 min )
    Qualcomm Earnings Could Disappoint. Tune In After the Close.
    The maker of mobile processors and 5G wireless chipsets reports its latest quarterly earnings after the close Wednesday.  ( 22 min )
    Lithium Giant Albemarle Eyes $1.5 Billion Processing Expansion
    (Bloomberg) -- Albemarle Corp. is aiming to spend between $1.25 billion and $1.5 billion to double its lithium hydroxide output in Australia to a volume that it estimates could power more than two million electric cars a year.Most Read from BloombergNigeria Targeted a UK Mansion; Its Next Leader’s Son Now Owns ItWall Street Rattled by 15% Tumble in Pair of Banks: Markets WrapCarl Icahn’s Wealth Plunges $10 Billion on Hindenburg Short-Seller ReportIBM to Pause Hiring for Jobs That AI Could DoRegi  ( 39 min )
    Stocks and bonds would crash 'violently' in a debt crisis - even if the US avoids immediate default, former NY Fed president says
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    Dow Jones Falls As These Bank Stocks Dive, Fed Rate-Hike Looms; AMD Slumps Late On Guidance
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    Apple reportedly attracted $1 billion in deposits into its new high-yield savings account in just 4 days
    No content preview
    Massive amount of funds reportedly poured into Apple high-yield savings accounts upon rollout
    A massive amount of funds got poured by Apple credit cardholders into the high-yield savings accounts offered by the tech giant with Goldman Sachs upon their rollout, according to Forbes.  ( 39 min )
    Unity Conducts Its Third and Largest Round of Layoffs in a Year
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    Wells Fargo Says Buy These 2 High-Yield Dividend Stocks — Including One With 10% Yield
    The latest economic data presents a mixed picture for the US economy. The growth data for the first quarter has been released, indicating that the GDP increased by only 1.1%, which is a sharp slowdown from 2H22, and feeding fears of a recession later this year. On the inflation front, the steady rise in prices has been easing back, and the March year-over-year number was just 5%, below the forecast and the lowest in nearly 2 years. The moderating inflation rate is an indicator that the Fed’s pol  ( 42 min )
    Wall Street Rattled by Selloff, Trading Halts at Two Small Banks
    (Bloomberg) -- Just a day after Wall Street breathed a sigh of relief with the rescue of First Republic Bank, a tumble in US regional lenders fueled renewed anxiety over financial stability, sinking stocks across the board and spurring a flight to the safest corners of the market.Most Read from BloombergNigeria Targeted a UK Mansion; Its Next Leader’s Son Now Owns ItWall Street Rattled by 15% Tumble in Pair of Banks: Markets WrapIBM to Pause Hiring for Jobs That AI Could DoMorgan Stanley Plans 3  ( 39 min )
  • Open

    Markets End Lower Following Fed Decision
    U.S. equities were lower on May 3, 2023, as Fed policymakers raised interest rates but suggested that they might pause their tightening campaign.  ( 16 min )
    Best Options Trading Platforms of 2023
    Looking to harness the power of options leverage? Here are the best options trading platforms based on tools, ease of use, pricing, probability calculators, and more.  ( 33 min )
    Top CD Rates Today, May 3
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 17 min )
    What the Fed's Latest Hike Could Mean for Savers and Borrowers
    With the Federal Reserve delivering its tenth rate hike in 14 months, you may see changes in what you can earn at the bank, but also perhaps what you'll pay to borrow.  ( 18 min )
    The Top 25 Stocks in the S&P 500
    The list of the 500 companies that make up the S&P 500 is called its constituent list and includes many well-known names.  ( 24 min )
    Cumulative Exposure Definition
    Cumulative exposure refers to situations in which an insurance policyholder has been exposed to a hazard or source of damages over an extended period of time.  ( 20 min )
    Dow Jones Today: Index Falls Following Rate Hike
    The Dow dropped 250 points with Walgreens taking the index lower after rival CVS cut its profit outlook.  ( 16 min )
    Trust: A Financial Advisor's Most Important Asset
    In order to grow and thrive in a shifting landscape, financial advisors need to build stronger relationships with clients and prospects.  ( 26 min )
    How to Talk to Clients About Market Volatility
    Sometimes providing advice is as much about managing client behavior as it is about asset allocation and retirement projections.  ( 23 min )
    What Is the Best Age to Invest in a CD?
    Certificates of deposit can help you grow your savings over time. Learn the best age to get a CD account.  ( 23 min )
    Talk About Financial Constraints to Your Clients
    Learn how to discuss financial constraints with clients, including time horizon, tax and regulatory constraints, as well as basic risk management.  ( 22 min )
    How Central Banks Affect Interest Rates
    Central banks such as the Federal Reserve influence monetary policy in the economy by increasing or decreasing interest rates. Shifts in this crucial interest rate have a drastic effect on consumer spending and borrowing.  ( 22 min )
    5 Growth Strategies for Financial Advisors
    These 5 strategies offer financial advisors and financial advisory firms a blueprint on how to grow their practices and ensure their long-term success.  ( 21 min )
    9 Client Events to Grow Your Financial Advisor Practice
    These nine event ideas for financial advisors will help you grow your firm by gaining new prospects and showing clients you appreciate them.  ( 25 min )
    What Are the Benefits of Obtaining a Personal Loan?
    Personal loans are a type of funding that usually includes a fixed interest rate, which is typically lower than what's offered by most credit cards.  ( 22 min )
    How to Get Clients As a Financial Advisor
    Getting your first clients as a financial advisor can be a challenge and takes time. Learn how to get clients as a financial advisor here.  ( 24 min )
    The Smart Way to Switch Financial Advisors
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    Should You Manage Your Friends Money?
    Money just isn't something you want to bring into a good friendship, so investing for a friend simply isn't worth the amount of trouble it can cause.  ( 22 min )
    Financial Advisor Career: Pros and Cons
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    As Charles Becomes King, Here’s the British Royal Family’s Net Worth
    The British royal family has a combined net worth in the billions—here is a look at their properties and assets, and the sources of their wealth.  ( 20 min )
    Fed Squeezes Inflation and Economy Harder With a Tenth—Possibly Final—Rate Hike
    The Federal Reserve once again increased the pressure pushing down on inflation—and the economy—raising its benchmark interest rate by a quarter-point in its tenth and what could be the final rate hike of its current campaign.  ( 19 min )
    What Are Financial Securities Licenses?
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    Today's Mortgage Rates & Trends - May 3, 2023: Rates Edge Up
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    Top Renewable Energy Stocks for Q2 2023
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    MSCI KLD 400 Social Index Definition
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    10 Biggest Chinese Companies
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    10 Biggest Insurance Companies
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    Biden Wants 30% Crypto Mining Tax, But Can It Work?
    President Biden's 2024 budget proposal includes a potential 30% tax on crypto miners' electricity costs by 2027, but it could be tough to implement and easy for miners to avoid.  ( 17 min )
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    10 Biggest Healthcare Companies
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    Poison Put Definition
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    How to Get a Home Equity Line of Credit in 2023
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    How to Refinance a Second Home in 2023
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    Legendary Asian American CEOs
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    Developed to Net Premiums Earned Definition
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    What Does Commercial General Liability (CGL) Insurance Cover?
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    What Is a Certificate of Deposit (CD) and What Can It Do for You?
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    Tax Refunds Were $259 Lower This Year Without Pandemic Benefits
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    5 Things to Know Before Markets Open
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    Coinbase May Say Losses Narrowed on Cost Cuts, Higher Interest Rates
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    Biometrics
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  • Open

    Amerikaanse centrale bank verhoogt rente naar hoogste niveau in zestien jaar tijd
    De Amerikaanse Federal Reserve (Fed) heeft de rente woensdag voor de tiende keer in een jaar tijd opgeschroefd. Daardoor ligt het belangrijkste rentetarief in de Verenigde Staten met 5 tot 5,25 procent op het hoogste niveau in zestien jaar.  ( 3 min )
    Nederland volgt Duits voorbeeld niet: weinig kans op goedkoop ov-abonnement
    Duitsland heeft maandag een goedkoop abonnement voor het openbaar vervoer ingevoerd. Ondanks enthousiaste reacties in Nederland is de kans klein dat ook wij voor een lager tarief onbeperkt de trein en bus kunnen pakken.  ( 7 min )
    Amerikaanse centrale bank verhoogt rente naar hoogste niveau in 16 jaar tijd
    De Federal Reserve heeft de Amerikaanse rente woensdag voor de tiende keer in een jaar tijd opgeschroefd. Daardoor ligt het belangrijkste rentetarief in de Verenigde Staten met 5 tot 5,25 procent op het hoogste niveau in zestien jaar tijd.  ( 3 min )
    Duitse banken gaan lijm gebruiken om 'Nederlandse' plofkraken tegen te gaan
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    Duitse banken gaan lijm inzetten om 'Nederlandse' plofkraken tegen te gaan
    Duitse Sparkasse-banken gaan lijm inzetten om ervoor te zorgen dat het geld onbruikbaar wordt na een plofkraak. De methode heeft in Nederland al voor een flinke afname in het aantal plofkraken gezorgd. Tegelijkertijd is het aantal plofkraken in Duitsland juist flink toegenomen doordat Nederlandse bendes de grens overgaan.  ( 3 min )
    Olieprijs op laagste niveau sinds eind 2021, daling benzineprijs blijft achter
    De olieprijs blijft dalen en dat zorgt voor de laagste prijzen sinds eind 2021. Tegelijk zakte de benzineprijs aan de pomp in de afgelopen maanden minder hard. Ook is er nog extra accijns in aantocht.  ( 4 min )
    Schiphol wil van opgekochte boerderijen af, maar houdt stikstofrechten
    Schiphol wil twaalf boerderijen verkopen die de luchthaven heeft opgekocht voor de stikstofrechten. Wel wil Schiphol "uiteraard" die stikstofrechten houden, laat de luchthaven weten.  ( 3 min )
    Pringles-bus verliest metalen bodem en kan straks bij oud papier
    Pringles-chips die in het Belgische Mechelen worden geproduceerd krijgen een recyclebare verpakking. De bodem van de bussen wordt geheel van papier, zodat de verpakking voor 90 procent herbruikbaar is.  ( 3 min )
    Politie gebruikt speciale TikTok-telefoons om spionage te voorkomen
    De politie heeft haar TikTok-verbod uitgebreid uit angst voor spionage vanuit China. Politiemedewerkers mochten de app al niet op werktelefoons gebruiken en nu ook niet meer op bijvoorbeeld tablets. Agenten die TikTok voor hun werk moeten gebruiken, krijgen daarvoor een speciale TikTok-telefoon.  ( 3 min )
    Pinproblemen in winkels werden toch door betaaldienstverlener veroorzaakt
    De pinstoring van dinsdagmiddag werd toch veroorzaakt door een betaaldienstverlener, bevestigt Betaalvereniging Nederland aan NU.nl. Vanwege de problemen ontstonden rijen aan de kassa's bij onder meer Albert Heijn, Lidl en Blokker.  ( 4 min )
    Transavia schrapt deze week nog eens 42 vluchten van en naar de zon
    Transavia heeft voor de periode tot zondag nog eens 42 vluchten geschrapt. Het gaat om 21 retourvluchten van en naar Schiphol en de luchthavens van Rotterdam en Eindhoven. Enkele duizenden passagiers zijn de dupe, maar zij worden wel gecompenseerd.  ( 3 min )
    Starters krijgen het eind dit jaar iets makkelijker op de woningmarkt
    Goed nieuws voor starters op de woningmarkt: koophuizen zullen rond het najaar iets betaalbaarder zijn. Dat komt doordat de inkomens stijgen en de huizenprijzen waarschijnlijk verder dalen.  ( 3 min )
    Nijpende tekorten in deel Albert Heijn-winkels
    Naarmate de stakingen in de distributiecentra bij Albert Heijn (AH) voortduren, raken steeds meer producten in de winkels in bepaalde regio's op. Dat zegt een woordvoerder van de supermarktketen desgevraagd tegen NU.nl.  ( 3 min )
    We kochten vorig jaar weer iets minder biefstuk en plakjes worst bij de supermarkt
    Supermarkten verkochten in 2022 minder vlees dan het jaar ervoor. Vooral vers vlees ging minder vaak over de toonbank. Dat concludeert dierenwelzijnsorganisatie Wakker Dier, die naar de kassascangegevens van supermarkten heeft gekeken.  ( 3 min )
    'Wil je er iets lekkers bij?' bezorgt Starbucks forse winst
    Starbucks doet er alles aan om klanten nog meer te laten uitgeven. Behalve dat een kopje koffie in de afgelopen drie maanden duurder werd, maakte de Amerikaanse keten er veel werk van om mensen meer te laten kopen, zoals gebak of een smaakje voor door de koffie.  ( 3 min )
    Wie 3.000 euro of minder verdient, krijgt meer vakantiegeld
    Werknemers met een brutomaandloon tot 3.000 euro ontvangen dit jaar iets meer vakantiegeld. Dat geldt niet voor de hogere inkomens. Die gaan er volgens hr- en salarisdienstverlener ADP juist op achteruit.  ( 3 min )
    Minder vakantiegeld voor hogere inkomens
    Werknemers met een brutomaandloon tot 3.000 euro ontvangen dit jaar iets meer vakantiegeld. Dat geldt niet voor de hogere inkomens. Die gaan er volgens hr- en salarisdienstverlener ADP juist op achteruit.  ( 3 min )
    Wat doet en verdient een FNV-onderhandelaar?
    Deze week wordt er bij vakbond FNV gestaakt en dat is zeldzaam. Medewerkers van de bond willen dat hun lonen gelijke tred houden met de inflatie. Een zogenoemde vakbondsbestuurder onderhandelt over arbeidsvoorwaarden en lonen. Bij de FNV verdient zo'n onderhandelaar al gauw meer dan 5.000 euro per maand, plus vergoedingen en een leaseauto.  ( 4 min )
  • Open

    Uber Shares Jump as Revenue Takes Off
    Uber Technologies (UBER) reported a spike in revenue and a reduction in its loss per share in the first quarter of 2023, sending the stock 11% higher.  ( 1 min )
    Chegg Shares Plunge After Company Warns That ChatGPT Is Impacting Growth
    Shares of Chegg (CHGG) are plunging after the provider of homework help warned its subscriber growth is being impacted by the use of the ChatGPT AI chatbot.  ( 1 min )
    Lower Oil Prices Could Slash Marathon Oil's Q1 Profit
    Marathon Oil's net income may have plunged 70% in the first quarter of 2023 after last year's spike in oil prices fizzled out.  ( 1 min )
    First Republic Bank Teeters on the Brink of Collapse
    First Republic Bank (FRC) is teetering on the brink of collapse as its shares fall to new all-time lows on reports the federal government is reluctant to put together a rescue package.  ( 1 min )
    Icahn Enterprises Shares Drop Over 15% on Hindenburg Short Play
    Icahn Enterprises LP became the latest target of short activist Hindenburg Research. Unit prices for IEP were down about 15% after accusations of "ponzi-like" financing.  ( 1 min )

  • Open

    Correspondent Bank: Definition and How It Works
    A correspondent bank is a financial institution authorized to provide services on behalf of another financial institution. Learn how correspondent banks work.  ( 24 min )
    Uber Shares Jump as Revenue Takes Off
    Uber Technologies (UBER) reported a spike in revenue and a reduction in its loss per share in the first quarter of 2023, sending the stock 11% higher.  ( 16 min )
    Markets Fall on Fed, Bank Concerns
    U.S. equities tumbled on May 2, 2023, ahead of the Fed decision on interest rates and amid concerns about banks.  ( 16 min )
    Personal Loan Rates & Trends, Week of May 1: Rates Ease
    Personal loan rates eased slightly after four consecutive weeks of increases, lowering the overall average by five basis points.  ( 16 min )
    Converting Traditional IRA Savings to a Roth IRA
    A Roth IRA conversion shifts money from a traditional IRA to a Roth IRA. There may be long-term tax benefits but there can also be costs.  ( 27 min )
    Top CD Rates Today, May 2
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 17 min )
    4 Types of Insurance Policies and Coverage You Need
    Expect the unexpected with just four types of insurance that everyone should have.  ( 23 min )
    The Best Ways to Borrow Money
    Borrowing helps you pay for a home, car, or college, and loans can come from personal loans to peer-to-peer lending.  ( 26 min )
    Multiline Insurance
    Multiline insurance can refer to complex insurance instruments used to bundle risk exposures, or to agencies that write consumer policies for many lines.  ( 18 min )
    How to Fill out a Money Order: Step by Step
    Money orders are safe and easy to buy or cash at U.S. banks, credit unions, post offices, retailers, grocers, and convenience stores.  ( 21 min )
    Game-Changer: Definition and Examples in Business
    A game-changer can be a person who is a visionary or a company that alters its business strategy and conceives an entirely new business plan.  ( 22 min )
    What Does Market Segmentation Theory Assume About Interest Rates?
    Learn how the market segmentation theory for different maturities of interest rates seeks to describe the shape of the yield curve.  ( 18 min )
    Cognitive vs. Emotional Investing Bias: What’s the Difference?
    Cognitive biases involve decision-making based on concepts that may not be accurate. Emotional biases are based on personal feelings while a decision is made.  ( 20 min )
    Capitalized Interest: Definition and Example
    Capitalized interest is the cost of borrowing to acquire or construct a long-term asset, which is added to the cost basis of the asset on the balance sheet.  ( 25 min )
    Apple Earnings May Fall 10% As iPad, Mac Sales Drag
    Services revenue—including App Store, iCloud, Apple Music, Siri—likely hit record levels even as device sales slowed.  ( 17 min )
    Tips on Selling Your Financial Services Business
    Planning a sale or transition of your practice over time can help ease your clients into it and can net you a higher sale price.  ( 19 min )
    What Is a Loan, How Does It Work, Types, and Tips on Getting One
    A loan is money, property, or other material goods given to another party in exchange for future repayment of the loan value amount with interest.  ( 27 min )
    What Is a Vendor? Definition, Types, and Example
    A vendor is a party in the supply chain that makes goods and services available to companies or consumers.  ( 21 min )
    How to Analyze Corporate Profit Margins
    Understanding these three common measures of profitability can help you take a deeper look at a company's profit margin.  ( 23 min )
    PacWest, Other Regional Bank Shares Unable To Shake Off Banking Crisis Jitters
    Shares of PacWest and other regional banks slid double-digits in intra-day trading Tuesday over concerns that the turmoil in regional banking is far from over.  ( 16 min )
    Here’s Where Prices For ‘Overvalued’ Homes Are Falling The Most
    High-priced West Coast markets have taken the biggest beating in a housing market suffering an affordability shock.  ( 16 min )
    Chegg Shares Plunge After Company Warns That ChatGPT Is Impacting Growth
    Shares of Chegg (CHGG) are plunging after the provider of homework help warned its subscriber growth is being impacted by the use of the ChatGPT AI chatbot.  ( 18 min )
    A-B Trust: Definition, How It Works, Tax Benefits
    An A-B trust is a joint trust created by a married couple for the purpose of minimizing estate taxes.  ( 23 min )
    Icahn Enterprises Shares Drop Over 15% on Hindenburg Short Play
    Icahn Enterprises LP became the latest target of short activist Hindenburg Research. Unit prices for IEP were down about 15% after accusations of "ponzi-like" financing.  ( 18 min )
    Today's Mortgage Rates & Trends - May 2, 2023: Rates Mostly Steady
    Mortgage rates were mostly flat, with the 30-year average rising only a point and the 5/6 ARM and all jumbo averages marching in place.  ( 19 min )
    Tax-Loss Harvesting: Definition and Example
    Tax-loss harvesting is selling securities at a loss to offset the amount of capital gains tax owed on other investments.  ( 21 min )
    Moderna to Report First Quarterly Loss Since Debuting Covid-19 Vaccine
    The mRNA drugmaker will look to excite investors with its product pipeline as Covid earnings falter.  ( 17 min )
    Coinbase Launches Offshore Crypto-Derivatives Exchange
    Coinbase launched a new crypto-derivatives exchange in Bermuda, to offer contracts not allowed in the U.S. while expanding offshore amid regulatory uncertainty.  ( 18 min )
    Job Openings Kept Drying Up in March
    Job seekers found fewer options in March as the labor market continued to descend from its pandemic-recovery heights.  ( 16 min )
    Alpha: What It Means in Investing, With Examples
    Alpha (α) , used in finance as a measure of performance, is the excess return of an investment relative to the return of a benchmark index.  ( 26 min )
    Lower Oil Prices Could Slash Marathon Oil's Q1 Profit
    Marathon Oil's net income may have plunged 70% in the first quarter of 2023 after last year's spike in oil prices fizzled out.  ( 17 min )
    Average Credit Card Interest Rate
    Monthly tracking report for credit card interest rates from Investopedia's database of more than 300 cards. These are the current rates as of May 2023.  ( 23 min )
    How to Evaluate Fintech Home Equity Products
    Fintech companies are increasingly offering home-equity loan and HELOC products. Learn how these loans work and how they compare to loans from traditional lenders.  ( 23 min )
    How to Get Out of Credit Acceptance Car Loan
    Credit acceptance car loans are designed for those with bad credit and often charge high interest rates and present challenges to borrowers trying to make payments. But, there are options for getting out of such loans.  ( 22 min )
    Business Loan vs. Personal Loan: What's the Difference?
    Some small business owners don’t have the capital to get their companies off the ground. In these cases, it might make sense to take out either a personal or business loan, depending on their needs.  ( 23 min )
    How to Pay Off a Car Loan Faster
    You can pay off a car loan faster using one of several strategies, including rounding up payments, using automated payments, or paying biweekly.  ( 22 min )
    Guide to Fixed Income: Types and How to Invest
    Fixed income refers to assets and securities that bear fixed cash flows for investors, such as fixed rate interest or dividends.  ( 31 min )
    Why and When Do Countries Default?
    Countries can default on their debt. This happens when a government is either unable or unwilling to make good on a country's financial obligations.  ( 23 min )
    Top Wind Energy Stocks for Q2 2023
    Eneti Inc., TPI Composites Inc., and Boralex Inc. are leading wind energy industry peers in revenue growth amid a boom in renewable energy investment.  ( 21 min )
    Debt Ceiling Decoded: What You Need to Know
    The U.S. could run out of cash by June 1, Janet Yellen warns. Here's a guide to the language and terms everyone's talking about.  ( 22 min )
    Block Forecast to Report Another Quarter of Net Losses With All Eyes on Cash App
    Block is expected to say its loss narrowed in the first quarter of 2023 as revenue and gross payment volume grew, though at slower rates than during and even before the pandemic.  ( 18 min )
    Memorandum of Understanding (MOU) Defined, What's In It, Pros/Cons, MOU vs MOA
    A memorandum of understanding (MOU) is a document describing the broad outlines of an agreement that two or more parties have reached.  ( 23 min )
    5 Things to Know Before Markets Open
    Treasury Secretary Janet Yellen warned the U.S. could hit its debt limit sooner than expected, as early as June 1 if Congress doesn't act to raise the debt ceiling. Here’s what investors need to know today.  ( 19 min )
    The History of Insurance
    The first written insurance policy dates back nearly 4,000 years. Here is how insurance came into being and how it evolved from there.  ( 23 min )
    Key Person Insurance: Definition, Cost, Types, and How It Works
    Key person insurance is a life insurance policy that a company purchases on an owner, a top executive, or another individual critical to the business.  ( 21 min )
    Teaser Bet
    In sports betting, a teaser bet is a type of parlay bet in which the bettor is allowed to change the point spread for a game.  ( 25 min )
    Up-and-Out Option Definition
    An up-and-out option is a type of knock-out barrier option that ceases to exist when the price of the underlying asset rises above a specific price level.  ( 19 min )
  • Open

    Ford Earnings Don’t Lift Stock. Farley Has a Message on Musk’s Price Cuts.
    Ford reported first-quarter operating profit of $3.4 billion and earnings per share of 63 cents from sales of $41.5 billion. All three numbers were better than Wall Street expected but investors remained worried about the economy and rising rates.  ( 23 min )
    'Big Short' investor Michael Burry broke down his iconic bet against the US housing bubble during a 2008 meeting with a Warren Buffett acolyte - but his warning and advice were ignored
    No content preview
    Starbucks Beats Earnings and Sales. Why the Stock Is Down.
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    (Bloomberg) -- Corporate activist Carl Icahn’s fortune tumbled more than $10 billion Tuesday after short-seller Hindenburg Research accused him of using a “ponzi-like” economic structure at his investment company.Most Read from BloombergNigeria Targeted a UK Mansion; Its Next Leader’s Son Now Owns ItIBM to Pause Hiring for Jobs That AI Could DoWall Street Rattled by 15% Tumble in Pair of Banks: Markets WrapMorgan Stanley Plans 3,000 More Job Cuts as Dealmaking SlumpsJPMorgan Ends First Republic’  ( 40 min )
    Super Micro Computer Stock Jumps On Strong June-Quarter Outlook
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    The Bank Panic’s Winners and Losers Are Becoming Clear
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    Top CD Rates Today, May 2
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    Former Coinbase Official Balaji Srinivasan Closes Out $1 Million Bitcoin Bet Early
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    Livent Earnings Rock, But Albemarle May Cut Outlook As Lithium Prices Tumble
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    Ford posts $1.76B 1Q profit largely on gas-powered vehicles
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    Chipmaker AMD Beats First-Quarter Goals But Gives Weak Sales Forecast
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    Dow Jones Closes Lower While Uber Rockets. Carl Icahn Hits Back As Stock Craters On Short-Seller Attack.
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    Regional Bank Stocks Fall Hard. Why Now Is a Mystery.
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    Ford first quarter revenue, profits top estimates; EV unit loses $722 million
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    Starbucks earnings beat, China sees better-than-expected sales growth
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    Pfizer Will Shift Focus to Dividends and Share Buybacks, Execs Say
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    Amazon’s cloud business is clamping down on managers’ freedom to hire in latest cost control—leaked memo
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    Michael Milken on the banking turmoil: This is not another financial crisis
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    Carl Icahn targeted by short seller Hindenburg for 'Ponzi-like' structure
    A well-known short seller is taking on a famed activist.  ( 39 min )
    Without Amazon, This Is What S&P 500 Earnings Would Look Like
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    Wall Street Rattled by 20% Plunge in Pair of Banks: Markets Wrap
    (Bloomberg) -- Just a day after Wall Street breathed a sigh of relief with the acquisition of First Republic Bank, a selloff in US regional lenders fueled renewed anxiety over financial stability, sinking stocks across the board and spurring a flight to the safest corners of the market.Most Read from BloombergNigeria Targeted a UK Mansion; Its Next Leader’s Son Now Owns ItIBM to Pause Hiring for Jobs That AI Could DoMorgan Stanley Plans 3,000 More Job Cuts as Dealmaking SlumpsJPMorgan Ends First  ( 40 min )
    Apple Earnings May Fall 10% As iPad, Mac Sales Drag
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    Bankrupt Bed Bath & Beyond Seeks Millions From Ocean Carriers
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    Bud Light Maker Offers Distributors Free Beer, More Ad Spending After Dylan Mulvaney Backlash
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    AMD Q1 earnings preview: PC revenue expected to drop 56% on slow chip demand
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    Hindenburg attack is uncomfortable reading for Icahn’s most loyal friends
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    Nikola Partners With Voltera On Hydrogen Station Funding
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    FDIC looks to change deposit insurance policy following First Republic Bank failure
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    What's Bugging the Stock Market? A Recession Is Looming.
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    Moderna to Report First Quarterly Loss Since Debuting Covid-19 Vaccine
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    PacWest, Western Alliance crash as regional bank fears continue to shake markets
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    Icahn Enterprises Stock Tumbles After Short-Seller Report
    Hindenburg Research questions Icahn Enterprises’ policies on asset valuations and its dividend policy.  ( 22 min )
    Dow Drops 550 Points as Bank Stocks Get Clobbered
    The major stock indexes were getting hit Tuesday after labor market data showed fraying at the edges, while worries of the Federal Reserve tightening into a banking crisis weighed on investors' minds. The Dow Jones Industrial Average was down 550 points, or 1.6%. The S&P 500 fell 1.7%, and the Nasd  ( 23 min )
    PacWest, Western Alliance Lead Regional Bank Stock Rout
    (Bloomberg) -- PacWest Bancorp and Western Alliance Bancorp each slumped more than 25% Tuesday, leading a renewed selloff in regional lenders as investors continued to gauge the health of the industry after the second-largest US bank failure ever.Most Read from BloombergNigeria Targeted a UK Mansion; Its Next Leader’s Son Now Owns ItJPMorgan Ends First Republic’s Turmoil After FDIC SeizureMorgan Stanley Plans 3,000 More Job Cuts as Dealmaking SlumpsIBM to Pause Hiring for Jobs That AI Could DoFi  ( 39 min )
    Dow Jones Awaits Fed Chief Powell's Rate Hike; Chegg Falls On ChatGPT AI Apocolypse
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    Conservative Pundit Ben Shapiro Invests $4.7 Million in Israeli Drug Company
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    PacWest, Other Regional Bank Stocks Are Plunging
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    Shares in US banks suspended as fresh crisis fears grip market - latest updates
    Inflation inched higher across the eurozone last month amid high food prices, raising pressure on the ECB to raise interest rates later this week.  ( 53 min )
    Oil Drops as Product Prices, Chinese Data Highlight Weak Demand
    (Bloomberg) -- Oil prices slid as concerns over short-term demand, including weaker-than-expected Chinese manufacturing data, outweighed expectations for tight supply later in the year.Most Read from BloombergJPMorgan Ends First Republic’s Turmoil After FDIC SeizureNigeria Targeted a UK Mansion; Its Next Leader’s Son Now Owns ItFirst Republic’s Jumbo Mortgages Brought On Bank’s FailureIBM to Pause Hiring for Jobs That AI Could DoMorgan Stanley Plans 3,000 More Job Cuts as Dealmaking SlumpsWest T  ( 38 min )
    Alibaba Likely To Struggle With Cloud Growth, Analysts Say; Needs New Growth Driver For Other Businesses
    U.S. and China's geopolitical tensions wiped off significant stock price gains of Alibaba Group Holding Limited (NYSE: BABA) from recent restructuring plans. Alibaba's organizational revamping plans instilled investor optimism over a valuation boost and drove chances of listing those units publicly, Bloomberg reports. Investors expected the restructuring and the subsequent IPOs to ward off the downside from the sudden halt of Ant Group's IPO in 2020. Unfortunately, the geopolitical frictions, co  ( 39 min )
    Lower Oil Prices Could Slash Marathon Oil's Q1 Profit
    Marathon Oil's net income may have plunged 70% in the first quarter of 2023 after last year's spike in oil prices fizzled out.  ( 18 min )
    BP Experiences the Downside of High Expectations
    The oil major’s latest share buyback plan disappointed investors who have grown used to generous handouts.  ( 25 min )
    Battle of the Activists: Hindenburg Shorts Icahn
    Short seller who targets companies takes aim at investor who targets companies  ( 28 min )
    Billionaire Ken Griffin Doubles Down on These 2 ‘Strong Buy’ Stocks ⁠— Here’s Why You Might Want to Follow in His Footsteps
    Every investor is looking to gain an edge and beat the market and there are numerous strategies that can help in this undoubtedly difficult endeavor. One obvious game plan is to follow in the footsteps of Wall Street’s investing titans, and you can certainly put Ken Griffin in that bracket. The billionaire not only has a decades-long history of investing success, but his Citadel hedge fund also raked in the profits last year – a Wall Street record of $16 billion, in fact – done against a general  ( 42 min )
    Ford earnings preview: New reporting structure, profit guidance...and more!
    Ford will report Q1 earnings after the bell on Tuesday, and for the first time ever it will break down those earnings across its three new business segments - Ford Blue for gas powered cars, Ford Model e for electric vehicles, and Ford Pro for its commercial and fleet sales.  ( 40 min )
    Cummins Posts Record Earnings, Smashes Estimates. Why the Stock Is Stalling.
    Investors just won't give industrial companies a lot of credit for great Q1 results. They are too worried about the economy.  ( 22 min )
    Chegg stock sinks after CEO says ChatGPT hurt growth
    Chegg saw a noticeable shift in consumer behavior when OpenAI launched GPT-4 in March.  ( 39 min )
    Half of America’s banks are already insolvent – this is how a credit crunch begins
    The twin crashes in US commercial real estate and the US bond market have collided with $9 trillion uninsured deposits in the American banking system. Such deposits can vanish in an afternoon in the cyber age.  ( 42 min )
    InMode, A Top 1% Stock, Crumbles On Lackluster Sales, Earnings Outlook
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    How much the class of 2023 expects to earn in their first entry-level job—and how much employers say they’ll pay
    Salary expectations have slightly decreased among early career job candidates but remain above employer expectations.  ( 38 min )
    Pfizer Reports Dramatic Declines — But It's Not As Bad As Wall Street Expected
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    Icahn Enterprises Sinks After Hindenburg Issues Short Report
    (Bloomberg) -- Icahn Enterprises L.P. tumbled in premarket trading on Tuesday after becoming the latest target of a short call by Hindenburg Research.Most Read from BloombergJPMorgan Ends First Republic’s Turmoil After FDIC SeizureNigeria Targeted a UK Mansion; Its Next Leader’s Son Now Owns ItFirst Republic’s Jumbo Mortgages Brought On Bank’s FailureIBM to Pause Hiring for Jobs That AI Could DoMorgan Stanley Plans 3,000 More Job Cuts as Dealmaking SlumpsShares of Icahn Enterprises, where famed  ( 38 min )
    Dow Jones Futures Fall Ahead Of Key Economic Data, Fed Meeting; Tesla Hikes Prices
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    Stock futures wobble as Fed meeting gets underway: Stock market news today
    Investors were tuned in to the start of the Fed's two-day policy meeting and continued earnings releases.  ( 40 min )
    EUR/USD Forecast – Euro Has Choppy Tuesday
    The EUR/USD pair has gone back and forth over the last couple of days, and it appears that Tuesday will simply be more of the same.  ( 39 min )
    Bitcoin Is Falling. The Fed Decision Could Mean ‘All Bets Are Off’ for Cryptos.
    Bitcoin has torn higher this year amid expectations of easier monetary policy from the Federal Reserve. That narrative will be put to the test Wednesday.  ( 22 min )
    Federal Reserve expected to raise interest rates 0.25%, investors debate next steps
    For months now, investors have debated whether the Fed would be done raising interest rates. As markets prep for Wednesday's policy decision, the same question continues to circulate — is this the end for the Fed?  ( 40 min )
    What the bankers are actually worried about: Morning Brief
    Bank failures? Meh. The world's top financial and business minds see bigger risks.  ( 39 min )
    Pfizer’s Earnings Fall With Cooling Demand for Covid Products
    Excluding revenue from Comirnaty and Pfizer’s Covid-19 pill Paxlovid, the company’s top line increased 5%.  ( 25 min )
    AI Disruption Deepens With Chegg Plunge, IBM Hiring Halt, Samsung Chatbot Ban
    (Bloomberg) -- The speed of disruption brought on by a worldwide rush into artificial intelligence was on full display this week, sending shares of education-technology company Chegg Inc. plunging, prompting IBM to halt some hiring and prompting a chatbot ban at Samsung Electronics Co.Most Read from BloombergJPMorgan Ends First Republic’s Turmoil After FDIC SeizureNigeria Targeted a UK Mansion; Its Next Leader’s Son Now Owns ItFirst Republic’s Jumbo Mortgages Brought On Bank’s FailureIBM to Paus  ( 40 min )
    Zebra Technologies Edges Above First-Quarter Goals But Lowers Outlook
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    Chegg Reminds Investors Not Everyone Can Be an AI Winner. The Stock Is Diving.
    The education company warned that increasingly more students are turning to OpenAI’s ChatGPT for help with their homework, hurting its own new customer growth rate in March.  ( 22 min )
    BP Stock Falls With Share Buybacks Set to Slow. Oil Prices Are Down.
    American depositary receipts of BP traded down 5% in premarket trading on Tuesday after the British oil major disappointed investors with a slower rate of share buybacks, as falling oil prices hit cash flows. BP said in its first-quarter results that it plans to launch a $1.75 billion quarterly shar  ( 23 min )
    Pfizer tops Q1 forecasts; vaccine sales slide as expected
    Pfizer topped Wall Street expectations Tuesday even as sales of its top-selling COVID-19 vaccine crumbled in the first quarter. Revenue from Pfizer’s Comirnaty vaccine fell 77% to $3 billion in the first three months of the year, compared with more than $13 billion in the same stretch last year. The drop was widely expected because the drugmaker is moving this year from supplying governments through big contracts to selling the vaccine on the commercial market.  ( 38 min )
    How JPMorgan turned First Republic’s nightmarish week into a dream scenario for shareholders
    A Fortune report explains what propelled JPMorgan to land First Republic’s assets in an auction with several rival bidders.  ( 40 min )
    DuPont Beats Earnings Estimates. Here’s Why the Stock Is Falling.
    DuPont's first-quarter earnings top estimates but the materials giant reduces full-year guidance.  ( 22 min )
    Markets Expect One Last Fed Rate Hike. Beware—This Just Happened in Australia.
    Biden to meet House and Senate leaders as debt limit looms, the fight between Florida’s DeSantis and Disney escalates, and other news to start your day.  ( 22 min )
    MicroStrategy Stock Rises After Big Earnings Beat. Thank Bitcoin’s Rally.
    MicroStrategy has emerged as one of the few companies to hold significant quantities of crypto, and Bitcoin's rally this year has buoyed its finances.  ( 22 min )
    BP posts $5B quarterly profit on strong oil and gas trading
    British energy giant BP posted a strong quarterly profit on Tuesday even as oil and natural prices that soared after Russia's war in Ukraine last year have eased off. The company said the earnings report "reflects an exceptional gas marketing and trading result” and a “very strong oil trading result.” Oil companies around the world have been reporting bumper earnings in the wake of Russia's invasion of Ukraine in February 2022, which sent energy prices soaring and curtailed some of Moscow's supplies to the world.  ( 39 min )
    These Stocks Are Moving the Most Today: Chegg, Arista, BP, BlackBerry, and More
    Chegg stock falls sharply after the online-education company says it has been seeing a 'significant spike in student interest in ChatGPT,' while Arista anticipates some of its biggest cloud customers soon could begin cutting back on spending.  ( 23 min )
    First Republic’s failure shows we are fighting an unwinnable war
    When Silicon Valley Bank was busy imploding earlier this year, and depositors were pulling their money out of shaky lenders to put it in safer-looking banks, the joke was that everyone was going to end up banking with JP Morgan. Now that the US uber-lender has agreed to acquire most of First Republic, another stricken bank, the gag is even less funny.  ( 40 min )
    These Stocks Are Moving the Most Today: Chegg, Arista, BP, BlackBerry, and More
    Barron's live coverage of financial markets, from stocks and bonds to oil and crypto.  ( 22 min )
    India's first iPhone maker is quitting amid Apple's growing presence in the country
    Taiwan-based Wistron is reportedly winding up its India operations.  ( 39 min )
    BP Beats Expectations With $5 Billion Profit After Fending Off Shareholder Challenge
    Trading oil and gas helped the British oil major achieve strong results in the first quarter, but its announced $1.75 billion buyback was smaller than analysts expected.  ( 28 min )
    BP Stock Drops as Earnings Fall on Weaker Oil Prices
    The oil major posted underlying profit of $5 billion for the first three months of the year, up from $4.8 billion in the fourth quarter.  ( 23 min )
    BYD’s Growth Is Unrelenting. It’s Catching Up to Tesla.
    Chinese EV maker BYD sells 104,364 battery-electric vehicles in April, up about 82% from the 57,403 delivered a year earlier.  ( 22 min )
    Bitcoin, Ether lose ground; Polkadot leads losers among top 10; U.S. equity futures slip
    Bitcoin dipped to US$28,000 in Tuesday morning trading in Asia and then fell through that support line later in the morning. Ether and other top 10 cryptocurrencies also fell.  ( 40 min )
    Stocks could soon retest all-time highs as markets react to possible 'thesis-changing' final rate hike from the Fed, Fundstrat says
    "This will likely be the last hike of the cycle. This is thesis changing," Fundstrat said, predicting the S&P 500 could notch 4,750 by year-end.  ( 38 min )
    Coinbase Insiders Sued for Dumping Stock, Saving $1 Billion
    (Bloomberg) -- Coinbase Inc. Chairman and Chief Executive Officer Brian Armstrong, board member Marc Andreessen and other officers avoided more than $1 billion in losses by using inside information to sell stock within days of the cryptocurrency platform’s public listing two years ago, before bad news sent the share price tumbling, according to a lawsuit filed by an investor.Most Read from BloombergJPMorgan Ends First Republic’s Turmoil After FDIC SeizureFirst Republic’s Jumbo Mortgages Brought  ( 39 min )
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    CEO’s Warning of ChatGPT Threat Sparks 38% Rout in Edtech Stock
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    It might be logical to assume that stocks with heavy short interest – i.e., ones that many investors/traders are essentially betting against – are stocks to stay away from, but that is not always the case. Opinions on the stock market can be varied, and it’s not uncommon to find stocks with both high short interest and positive recommendations from Wall Street analysts. But only one can be right, right? And should the analysts turn out to be the ones to hit the nail on the head, panic-induced sh  ( 43 min )
    The stock market is poised for a sell-off as an overly hawkish Fed could dash hopes for interest rate cuts, Morgan Stanley's Mike Wilson says
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  • Open

    Ook vorig jaar veel stakingen, maar er gingen minder mensen de straat op
    Het aantal stakingen in ons land nam begin dit jaar flink toe, maar in 2022 werd ook al een stuk meer gestaakt dan een jaar eerder. Er deden vorig jaar wel minder mensen mee aan stakingen.  ( 4 min )
    Tata Steel worstelt met staalvraag en onderhoudsvertraging in IJmuiden
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    Vrees voor nieuw bankendomino door val First Republic
    Met het einde van de Amerikaanse bank First Republic is de afgelopen dagen het rumoer in de bankenwereld teruggekeerd. In maart was het al wekenlang onrustig, omdat toen ook verschillende banken kopje-onder gingen. Is dit de voorbode van meer bankenellende?  ( 5 min )
    Europese Commissie geeft groen licht voor uitkoopplannen van boeren
    De Europese Commissie heeft de plannen om grote stikstofuitstoters vlak bij Natura 2000-gebieden uit te kopen goedgekeurd. Daarmee is een belangrijke stap gezet in het stikstofbeleid van het kabinet.  ( 5 min )
    Grote pinstoring die lange rijen in winkels veroorzaakte is voorbij
    Een landelijke pinstoring waardoor dinsdagmiddag lange rijen ontstonden in verschillende winkels is grotendeels opgelost. Mensen kunnen weer gewoon afrekenen met hun (digitale) betaalpas.  ( 3 min )
    Landelijke pinstoring zorgt voor lange rijen in supermarkten en andere winkels
    Vanwege pinproblemen kunnen mensen in sommige supermarkten en andere winkels nu alleen met cash betalen. Betalen met de pinpas is dus niet overal mogelijk. De oorzaak van de storing is nog niet bekend.  ( 4 min )
    Dit weten we over platform Bluesky van Twitter-oprichter Jack Dorsey
    Opnieuw is er een alternatief voor Twitter dat de wind in de zeilen heeft: Bluesky. Zou dit platform veel gebruikers kunnen aantrekken en vasthouden? Bluesky heeft in elk geval één troef: Jack Dorsey zit erachter. De voormalige Twitter-directeur probeert het met een nieuw sociaal netwerk nu huidig eigenaar Elon Musk het ene na het andere twijfelachtige besluit neemt.  ( 6 min )
    Landelijke pinstoring zorgt voor lange rijen in winkels en supermarkten
    Vanwege een pinstoring kunnen mensen in supermarkten en andere winkels nu alleen met cash betalen. Betalen met de pinpas is niet overal mogelijk. De oorzaak van de storing is nog niet bekend.  ( 3 min )
    Bluesky-uitnodigingen zijn gewild: dit weten we over het Twitter-alternatief
    Opnieuw is er een alternatief voor Twitter dat de wind in de zeilen heeft: Bluesky. Zou dit platform veel gebruikers kunnen aantrekken en vasthouden? Bluesky heeft in elk geval één troef: Jack Dorsey zit erachter. De voormalige Twitter-directeur probeert het met een nieuw sociaal netwerk nu huidig eigenaar Elon Musk het ene na het andere twijfelachtige besluit neemt.  ( 6 min )
    Lenen is moeilijk en duur en dat is precies wat de ECB wil
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    ProRail wil soepelere regels rond stikstof en dassen bij werk aan spoor
    ProRail wil ondanks strenge bouwregels kunnen blijven werken aan het spoor. Het spoorbedrijf wil een uitzonderingspositie voor allerlei overheidsregels die onderhoud en verbouwingen aan het spoor bemoeilijken.  ( 3 min )
    Tien Nederlanders aangehouden voor drugshandel op het darkweb
    De politie heeft tien Nederlanders aangehouden die betrokken waren bij de handel in drugs op het darkweb. Dat is een afgeschermd deel van het internet. De aanhoudingen hoorden bij een internationale operatie, waarbij autoriteiten een illegale marktplaats op het darkweb oprolden.  ( 3 min )
    Nieuwe hypotheken gaan steeds vaker naar starters
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    Inflatie in eurolanden stijgt licht: boodschappen worden nog steeds duurder
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    Albert Heijn biedt 10 procent meer loon, stakingen gaan gewoon door
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    Lonen gemiddeld met 7,7 procent omhoog
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    Prijzen gaan toch weer harder omhoog, inflatie loopt op in april
    Het leven in Nederland is in april gemiddeld 5,2 procent duurder geworden dan een jaar eerder. Dat kwam vooral doordat de energieprijzen vorige maand minder sterk daalden dan in maart. De prijzen van boodschappen gingen ook opnieuw omhoog, maar wel wat minder sterk dan in maart.  ( 4 min )
    Aandeel starters met een hypotheek neemt toe
    Steeds meer starters grijpen een kans op de woningmarkt. In april werd meer dan de helft (55 procent) van alle hypotheekaanvragen gedaan door starters.  ( 3 min )
    Aantal starters met een hypotheek neemt toe
    Steeds meer starters vragen een hypotheek aan. In april werd 55 procent van alle hypotheekaanvragen gedaan door starters. Dat betekent dat zij nu de grootste groep hypotheekaanvragers zijn.  ( 3 min )
    Het leven werd in april weer duurder, inflatie loopt op tot 5,2 procent
    Het leven in Nederland is in april gemiddeld 5,2 procent duurder geworden dan een jaar eerder. Dat kwam vooral doordat de energieprijzen vorige maand minder sterk daalden dan in maart. De prijzen van boodschappen gingen ook opnieuw omhoog, maar wel wat minder sterk dan in maart.  ( 3 min )
    Loonstijging bereikt opnieuw historisch hoogtepunt
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  • Open

    First Republic Bank Sold to JPMorgan Chase
    More than a month after the first signs of danger, First Republic Bank (FRC) was seized by Federal Deposit Insurance Corporation (FDIC) and sold to JPMorgan Chase.  ( 1 min )
    Who’s Paying for All These Bank Failures?
    With the collapse of First Republic Bank, now the third high-profile bank failure in the U.S. this year, you may be wondering who is on the hook for the government bailouts.  ( 1 min )
    JPMorgan Buys First Republic for $10.6 Billion, This is What It Gets
    JPMorgan Chase & Co. may be getting a quite a bit more than its money's worth as the deal to buy First Republic comes with assets and big guarantees from FDIC.  ( 1 min )
    Lordstown Warns of Bankruptcy Without New Funding
    Electric truck maker Lordstown Motors (RIDE) said that it may need to cease operations if its funding deal with Foxconn fails to materialize.  ( 1 min )
  • Open

    Markets Open the Month With Small Losses
    U.S. equities began May slightly lower after regulators seized First Republic Bank and JPMorgan Chase bought most of the assets.  ( 1 min )
    5 Things to Know Before Markets Open
    JPMorgan Chase acquires First Republic Bank after an FDIC takeover. Here’s what investors need to know today.  ( 1 min )

  • Open

    Do Cheap Imported Goods Cost Americans Jobs?
    Flooding the market with cheap products can mean job losses and even market collapse—but dumping isn't as threatening as it seems.  ( 23 min )
    M1 Finance vs Wealthfront: Which Is Right for You?
    M1 Finance and Wealthfront are two of our top robo-advisors but offer extremely different services. M1's forte is automated investing, but it doesn't offer advice. Wealthfront is strong when it comes to setting financial goals.  ( 28 min )
    Reinsurance Definition, Types, and How It Works
    Reinsurance is insurance for insurance companies. It results from one or more insurers assuming another insurance company's risk portfolio to try to balance the insurance market.  ( 20 min )
    What Happened to Signature Bank?
    In March 2023, Signature Bank was shut down by the New York State Department of Financial Services. Learn why the bank collapsed and what it means for you.  ( 32 min )
    Where Are CD Rates Headed This Year?
    CD rates are already at record highs, with many options to earn more than 5% on a variety of terms. But will Fed moves drive them even higher, or is the peak behind us?  ( 19 min )
    Lordstown Warns of Bankruptcy Without New Funding
    Electric truck maker Lordstown Motors (RIDE) said that it may need to cease operations if its funding deal with Foxconn fails to materialize.  ( 16 min )
    What Happened to Silicon Valley Bank?
    In March 2023, Silicon Valley Bank was shut down by the California Department of Financial Protection and Innovation. Learn why this bank collapsed and what it means for you.  ( 28 min )
    Markets Open the Month With Small Losses
    U.S. equities began May slightly lower after regulators seized First Republic Bank and JPMorgan Chase bought most of the assets.  ( 16 min )
    Top CD Rates Today, May 1
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 17 min )
    FDIC Floats Proposal of Higher Insurance for Business Bank Accounts
    In the future, businesses would be able to bank with little to no fear of losing all their money if their bank fails, if reforms suggested by the Federal Deposit Insurance Corporation become reality.  ( 17 min )
    Back Office: What It Means in Business, With Examples
    The back office is the administration and support personnel who are not client-facing. Back-office personnel provide essential functions to the business.  ( 23 min )
    How Financial Advisors Can Help Small Business
    Financial advisors can help small businesses during the start-up, growth, and winddown stages of the company.  ( 24 min )
    Construction Spending Rose Slightly in March
    Amid concerns over high mortgage rates, supply costs and uncertainty about inflation, new single-family construction remained slumped in March.  ( 16 min )
    28/36 Rule: What It Is, How To Use It, Example
    The 28/36 rule calculates debt limits that an individual or household should meet to be well-positioned for credit applications. It measures income against debt.  ( 20 min )
    How to Apply for Unemployment Insurance Now
    Not everyone who leaves a job can collect unemployment insurance. Here's what you need to know about who qualifies and how to go about it now.  ( 25 min )
    15 Tips and Ideas for Cutting Car Insurance Costs
    Use these tips to free yourself from some of the extra weight if car insurance costs are dragging you down. Consider coverage options and "bundling" policies.  ( 26 min )
    AI, Green Energy Will Change Nearly A Quarter Of Global Jobs By 2027
    Green energy, supply chain, AI, and tech will help drive job growth, while education, agriculture, and digital commerce will add the most jobs, one report shows.  ( 18 min )
    Today's Mortgage Rates & Trends - May 1, 2023: Rates Dip
    Mortgage rates dropped back a bit, erasing some of their big gain of the previous day and ending the week roughly on par with the previous Friday.  ( 20 min )
    Fidelity vs. TD Ameritrade: Which Should You Choose?
    TD Ameritrade is best for investors and traders alike, due to its educational programs and thinkorswim platform. Fidelity is a better value but has fewer features.  ( 23 min )
    Capitalized Cost: Definition, Example, Pros and Cons
    A capitalized cost is an expense that is added to the cost basis of a fixed asset on a company's balance sheet.  ( 24 min )
    Fed Faces Pivotal Decision: When To Pause Interest Rate Hikes
    The Federal Reserve faces a key decision this week that could determine if the economy goes into a recession—whether this week’s widely-expected rate hike will be its last.  ( 17 min )
    Limited Convertibility Definition
    A currency has limited convertibility if the government that issues it regulates its exchange with any other nation's currency.  ( 19 min )
    How Much Is My Home Worth?
    If it's time for a change, it's important that you understand how much your current home is worth. Read on to decide if now's the time to move.  ( 22 min )
    Breaking Down Money Myths and Discovering Wealth Hacks with Mrs. Dow Jones
    Mrs. Dow Jones rejoins The Express in front of a live audience to dispel the biggest money myths about making money, and shares hacks to help us earn more, keep more, and make our money last longer. Plus, investors are bracing for the Fed's next move, which could very well be its last for a little while. Why haven't all stocks woken up to the party?  ( 15 min )
    Types of Health Insurance
    Health insurance includes HMO, PPO, POS, and EPO plans. You may also need to choose among the various levels of Obamacare plans. Learn about the differences before you enroll.  ( 24 min )
    What Factors Decrease Cash Flow From Operating Activities?
    A survey of chief factors that reduce cash flow from operating activities.  ( 18 min )
    JPMorgan Buys First Republic for $10.6 Billion, This is What It Gets
    JPMorgan Chase & Co. may be getting a quite a bit more than its money's worth as the deal to buy First Republic comes with assets and big guarantees from FDIC.  ( 17 min )
    This Year's Bank Failures Eclipse 2008 Levels
    First Republic, Silicon Valley and Signature banks are some of the largest U.S. bank failures ever. Their combined assets are more than all the banks that failed in 2008.  ( 16 min )
    Who’s Paying for All These Bank Failures?
    With the collapse of First Republic Bank, now the third high-profile bank failure in the U.S. this year, you may be wondering who is on the hook for the government bailouts.  ( 18 min )
    Cryptocurrencies To Watch: Week of May 1
    This week’s cryptocurrencies to keep an eye on are Render Token (RNDR), Casper (CSPR), Injective (INJ), Internet Computer (ICP), and MultiversX (EGLD).  ( 19 min )
    How to Get Out of an Upside Down Car Loan
    Getting out of an upside down car loan is not impossible, but it's important to understand what you might need to do to walk away from the debt.  ( 23 min )
    Can I Use a Home Equity Loan To Buy a Car?
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    Taylor Rule Definition
    The Taylor rule is a guideline for a central bank to manipulate interest rates so as to stabilize the economy.  ( 22 min )
    Mid-Cap Fund: Meaning, Overview, and Examples
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    Best ETFs
    The best ETFs are PXE, IEO, and FCG.  ( 22 min )
    Boat Owners' Insurance Definition
    Boat owners' insurance is an insurance policy that provides coverage for individuals who own and operate a boat or personal watercraft.  ( 18 min )
    How Much Does a Co-Signer Help on Auto Loans?
    Adding a co-signer to an auto loan could make it easier to get approved, but it can complicate things if you're unable to keep up with the payments.  ( 21 min )
    Qualcomm Earnings Could Fall 40% on Weak Handset, Chipset Demand
    Qualcomm's Q2 FY 2023 net income likely plunged by more than 40% and revenue likely fell by 19% industry-wide depressed demand hurt both top- and bottom-line performance.  ( 18 min )
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    Who Are Charles Schwab's Main Competitors?
    Find out who Charles Schwab's main competitors are and how they stack up. Use this information to make informed investing decisions.  ( 21 min )
    6 Important Retirement Plan RMD Rules
    Failing to comply with the rules for required minimum distributions (RMDs) may incur a penalty.  ( 23 min )
    The 10 Best Finance and Wall Street Movies
    Finance makes for great cinema. Here are 10 of the best offerings by Hollywood on the subject.  ( 24 min )
    Presenteeism Definition
    Presenteeism is a situation where workers who are physically present at the workplace are not operating at maximum capability due to illness, injury, or another condition.  ( 20 min )
    Ford Expected to Post Revenue Growth on Higher Sales
    Ford's global unit sales rebounding globally, led by 15% growth in North America  ( 18 min )
    Bona Vacantia
    Bona vacantia, also known as vacant goods, refers to property without a clear owner. Bona vacantia assets may be abandoned or unclaimed by its owner.  ( 20 min )
    First Republic Bank Sold to JPMorgan Chase
    More than a month after the first signs of danger, First Republic Bank (FRC) was seized by Federal Deposit Insurance Corporation (FDIC) and sold to JPMorgan Chase.  ( 17 min )
    What If You Could Bank With the Federal Reserve?
    The government’s response to the Silicon Valley Bank failure has inspired renewed calls by some for the Federal Reserve to offer banking services to individual members of the public.  ( 22 min )
    5 Things to Know Before Markets Open
    JPMorgan Chase acquires First Republic Bank after an FDIC takeover. Here’s what investors need to know today.  ( 17 min )
    9 Things to Know Before You Refinance Your Mortgage
    Review your equity, credit score, breakeven point, and other key data points before you begin the mortgage refinance process. Learn what you need to know.  ( 27 min )
    VWELX: Overview of Vanguard Wellington Fund
    The nation's most venerable mutual fund boasts an average annual return above 8% since its inception in 1929 on the eve of the Great Depression.  ( 20 min )
    The Perfect Moving Averages for Day Trading
    For day traders seeking an edge in trading the market from both the long and short sides, 5-, 8-, and 13-period simple moving averages (SMA) offer perfect inputs.  ( 20 min )
  • Open

    The Inside Story of Buffett’s Big Japan Bet, Over Glasses of Coke at Four Seasons
    (Bloomberg) -- One after another, Japanese executives from some of the country’s most elite firms filed into Warren Buffett’s suite at the luxury Four Seasons Hotel in central Tokyo. Most Read from BloombergJPMorgan Ends First Republic’s Turmoil After FDIC SeizureFirst Republic’s Jumbo Mortgages Brought On Bank’s FailureBuffett Will Beat the Market as Recession Looms, Investors SayRivian’s Troubles Don’t End at a 93% WipeoutPeak Oil Spells Trouble for ConsumersThe legendary investor was on a tri  ( 43 min )
    Dow Jones Futures Fall Ahead Of Likely Fed Rate Hike, Apple Earnings, Jobs Report
    No content preview
    Norwegian’s Focus on High-Spending Cruise Passengers Paid Off in the First Quarter
    Norwegian Cruise Line's strong onboard passenger spending in the first quarter demonstrates that the pent-up energy to cruise that people had during the pandemic hasn't dissipated at all.  ( 39 min )
    Chegg Stock Sinks. The Company Says Students Are Turning to ChatGPT for Homework Help.
    The education tech firm is seeing a spike in ChatGPT interest. "We now believe it’s having an impact on our new customer growth rate," Chegg said.  ( 22 min )
    Where Are CD Rates Headed This Year?
    CD rates are already at record highs, with many options to earn more than 5% on a variety of terms. But will Fed moves drive them even higher, or is the peak behind us?  ( 19 min )
    The S&P 500 Is in for a World of Hurt, Courtesy of Powell. How These Pros Know.
    Markets are overly optimistic that the Fed will quickly lower rates, a panel of investing pros found.  ( 23 min )
    Elon Musk reportedly settles defamation suit after saying he'd never 'surrender an unjust case'
    A defamation case brought against Tesla chief executive Elon Musk by critic Randeep Hothi is apparently coming to a close, reportedly costing the billionaire ten big ones. Lawyers representing Hothi, a vocal member of the TSLAQ short-seller community on Twitter, said in a statement that Musk asked to settle the nearly three-year-old case back in March. Hothi tweeted on Monday that he accepted the alleged offer, "for a modest $10k."  ( 38 min )
    Should You Buy This ETF for Its 12.3% Dividend Yield? Here’s What You Need to Know
    Investors are often intrigued by ETFs that feature sky-high dividend yields, such as the Amplify High Income ETF (NYSEARCA:YYY), which currently yields 12.3%. While the thought of receiving passive income with this type of yield is indeed enticing, and YYY has some good things going for it, investors also need to look under the hood before committing to these types of ETFs. Here’s more on YYY and why most investors should likely proceed with caution. What is YYY ETF? Operated by Amplify ETFs, YY  ( 41 min )
    Inside JPMorgan's late-night scramble to buy First Republic
    Takeout Mexican, lots of coffee and more than 800 people fueled a weekend-long effort by JPMorgan to win a government-led auction.  ( 41 min )
    IBM to Pause Hiring for Jobs That AI Could Do
    (Bloomberg) -- International Business Machines Corp. Chief Executive Officer Arvind Krishna said the company expects to pause hiring for roles it thinks could be replaced with artificial intelligence in the coming years.Most Read from BloombergJPMorgan Ends First Republic’s Turmoil After FDIC SeizureBuffett Will Beat the Market as Recession Looms, Investors SayFirst Republic’s Jumbo Mortgages Brought On Bank’s FailurePeak Oil Spells Trouble for ConsumersRivian’s Troubles Don’t End at a 93% Wipeo  ( 39 min )
    Lattice Semiconductor Tops First-Quarter Estimates But Inventory Swells
    No content preview
    Solar Stocks Have Fallen Sharply. Investors Need to Be Picky.
    Solar panel sales are being pressured by higher interest rates plus California's decision to reduce the financial benefits for installing roof panels.  ( 22 min )
    Vertex Pharmaceuticals Keeps Its Outlook Despite Beating Views, And Dives
    No content preview
    Why Are Cybersecurity Stocks Falling Today
    Cybersecurity stocks, including Check Point Software Technologies Ltd (NASDAQ: CHKP), Cloudflare, Inc (NYSE: NET) CrowdStrike Holdings, Inc (NASDAQ: CRWD), since the former released its mixed first-quarter results today. Check Point reported first-quarter FY23 revenue growth of 4% year-on-year to $566.2 million, missing the consensus of $568.9 million. Adjusted EPS of $1.80 beat the consensus of $1.74. "The economic slowdown has resulted in extended product sales cycles while recurring revenues  ( 39 min )
    Arista Networks First-Quarter Results Top Estimates Amid High Expectations
    No content preview
    Stock Pickers on Wall Street Are Going All-In on Recession Bets
    (Bloomberg) -- As Wall Street economists and central bankers debate if and when the US economy will slip into a recession, big money managers aren’t waiting to find out. Most Read from BloombergJPMorgan Ends First Republic’s Turmoil After FDIC SeizureBuffett Will Beat the Market as Recession Looms, Investors SayPeak Oil Spells Trouble for ConsumersRivian’s Troubles Don’t End at a 93% WipeoutJerome Powell Could Face More Opposition as Fed Choices Get TougherIncreasingly, professional stock picker  ( 40 min )
    Game Time: Nvidia Stock Leads Nine Stocks Set To Report In May
    No content preview
    Private equity was not immune to ‘the siren song of liquidity,’ Apollo CEO says
    Apollo Global Management CEO Marc Rowan has a playbook ready for tighter financial conditions.  ( 40 min )
    Pfizer Earnings Will Show How Much Covid Is Still Driving Revenue
    What to expect from the pharma giant's Q1 earnings report.  ( 23 min )
    Berkshire's Charlie Munger issues warning for US commercial property market
    Berkshire Hathaway’s Charlie Munger said on Monday that a storm is brewing in commercial property market, as property prices fall and banks deal with bad loans.  ( 39 min )
    The skills gap is so big that nearly half of workers will need to retrain this decade. These 10 skills are most in demand
    Hint: They’re mostly soft skills.  ( 39 min )
    Ford Earnings To Mark Big Break From The Past; This EV Stock Plummets
    No content preview
    TCW CEO Koch Warns ‘Major Accidents’ Ahead in Private Credit
    (Bloomberg) -- TCW Group President and Chief Executive Officer Katie Koch said cracks are starting to show in the private credit market and that investors should prepare for “major accidents” in the red-hot sector over the next 12 to 18 months. Most Read from BloombergJPMorgan Ends First Republic’s Turmoil After FDIC SeizureBuffett Will Beat the Market as Recession Looms, Investors SayPeak Oil Spells Trouble for ConsumersRivian’s Troubles Don’t End at a 93% WipeoutJerome Powell Could Face More O  ( 39 min )
    Sleep-Apnea Growth Stock Breaks Out On Record Earnings; Device Sales Surge
    No content preview
    First Republic stock investors face 'wipe-out,' analyst says
    JPMorgan did not assume First Republic’s corporate debt or preferred stock, meaning institutional investors will not be a made whole. One analyst expects common shareholders to get wiped out, too.  ( 39 min )
    Uber Q1 earnings preview: Mobility and Delivery expected to drive growth
    Uber will report its Q1 earnings before the bell on Tuesday, as analysts look for growth in the ride-sharing giant's Mobility and Delivery businesses.  ( 39 min )
    De-dollarization is undeniable, and the debate about the greenback's dominance is heating up. Here's what Elon Musk, Ray Dalio, Chamath Palihapitiya and 7 others are saying.
    No content preview
    Bud Light Sales Fall 26% as Transgender Backlash Worsens
    Bud Light's sales declines accelerated in the week ended April 22, according to Beer Business Daily  ( 22 min )
    Russia’s battered wartime economy is still chugging along as it taps its wealth fund, raises taxes, and ramps up imports
    No content preview
    3 REITS With Upcoming Earnings Reports That Just Raised Dividends
    Investors looking for an edge with stocks that have upcoming earnings reports may want to consider those companies that have recently increased their quarterly dividend payout. A May 2020 study done by Ham, Kaplan and Leary in the Journal of Financial Economics reviewed several previous studies to determine whether companies that raise their quarterly dividends are signaling improved earnings reports in the future. “We show evidence that dividend changes do in fact convey information about futur  ( 40 min )
    FDIC recommends overhauling US insurance deposit system
    The Federal Deposit Insurance Corp. is recommending the U.S. rethink its decades-old policy of insuring up to $250,000 in bank deposits and replace it with an overhaul that would allow regulators to cover higher amounts on a “targeted” basis. The proposed change appears to openly acknowledge that the FDIC is looking for ways to calm both depositors and markets as the organization contends with the third U.S. bank failure this year. First Republic Bank became the second largest failure in history Monday when regulators seized it and JP Morgan Chase stepped up as a buyer.  ( 37 min )
    Nvidia, IBD Stock Of The Day, Hits Buy Point On AI Enthusiasm
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    A feared tech ‘earnings apocalypse’ hasn’t happened. But Apple and Nvidia could shake things up
    Apple is preparing for its next big product release, while Nvidia is carrying all the hopes and hype of A.I. on its back.  ( 39 min )
    DeSantis Board Votes to Sue Disney Over Company Retaliation Case
    (Bloomberg) -- The Ron DeSantis-appointed board of the municipal authority overseeing Walt Disney Co.’s parks voted Monday to sue the company, following a complaint Disney filed last week against the Florida governor.Most Read from BloombergJPMorgan Ends First Republic’s Turmoil After FDIC SeizureBuffett Will Beat the Market as Recession Looms, Investors SayPeak Oil Spells Trouble for ConsumersRivian’s Troubles Don’t End at a 93% WipeoutJerome Powell Could Face More Opposition as Fed Choices Get  ( 39 min )
    Warren Buffett’s right-hand man Charlie Munger says most money managers are little more than ‘fortune tellers or astrologers’
    The 99-year-old Berkshire Hathaway vice chairman told the Financial Times Sunday there’s now a “glut of investment managers that’s bad for the country.”  ( 40 min )
    JPMorgan To Pay FDIC $10.6 Billion For First Republic, This is What It Gets
    JPMorgan Chase & Co. may be getting a quite a bit more than its money's worth as the deal to buy First Republic comes with assets and big guarantees from FDIC.  ( 17 min )
    Apple iPhone Sales May Miss Wall Street Estimates. Here’s Why.
    UBS analyst David Vogt and BofA Global Research's Wamsi Mohan say consensus estimates for Apple iPhone sales are too high, considering recent weakness.  ( 22 min )
    IMF Says China Shifting on Debt Restructuring After Being Burned
    (Bloomberg) -- The International Monetary Fund’s chief said China is shifting its thinking about participating in debt restructuring after being confronted by countries unable to pay what they owe, signaling hope the world’s second-largest economy will help provide relief for distressed nations.Most Read from BloombergJPMorgan Ends First Republic’s Turmoil After FDIC SeizureFirst Republic’s Jumbo Mortgages Brought On Bank’s FailureRivian’s Troubles Don’t End at a 93% WipeoutBuffett Will Beat the  ( 39 min )
    SoFi Saw Personal Loans Soar This Quarter. Why That Might Not Be A Good Thing.
    SoFi Technologies says personal loan originations climbed 46% to $2.95 billion during its first quarter.  ( 23 min )
    Top 1% Biotech TG Therapeutics Obliterates Bullish Sales Calls — And Rockets
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    Who’s Paying for All These Bank Failures?
    With the collapse of First Republic Bank, now the third high-profile bank failure in the U.S. this year, you may be wondering who is on the hook for the government bailouts.  ( 19 min )
    Apollo CEO on JPMorgan's First Republic deal: 'The strong get stronger'
    Apollo Global Management co-founder and CEO Marc Rowan weighs in on the state of the banking industry.  ( 39 min )
    Commercial Real Estate Market Faces Next Wave of Financial Stress, Apollo’s Rowan Says
    (Bloomberg) -- Marc Rowan, the co-founder of Apollo Global Management Inc., says that the next wave of turmoil across the financial sector will likely come from the commercial real estate market.Most Read from BloombergJPMorgan Ends First Republic’s Turmoil After FDIC SeizureBuffett Will Beat the Market as Recession Looms, Investors SayPeak Oil Spells Trouble for ConsumersJerome Powell Could Face More Opposition as Fed Choices Get TougherFirst Republic Talks Extend Into Night After Banks Place B  ( 39 min )
    First Republic’s Jumbo Mortgages Brought On the Bank’s Failure
    (Bloomberg) -- The seeds of First Republic Bank’s downfall were sown in the jumbo mortgages of Silicon Valley, where a unique strategy to loan wealthy individuals extraordinary sums of money blew up in spectacular fashion.Most Read from BloombergJPMorgan Ends First Republic’s Turmoil After FDIC SeizureBuffett Will Beat the Market as Recession Looms, Investors SayPeak Oil Spells Trouble for ConsumersJerome Powell Could Face More Opposition as Fed Choices Get TougherFirst Republic Talks Extend Int  ( 43 min )
    New lower I bond rate comes with 'a pleasant surprise'
    The annualized yield for the Treasury Department’s inflation-protected assets is 4.3% for new purchases made until October 31.  ( 40 min )
    Lordstown warns it may fail as investor Foxconn gets jumpy
    Lordstown Motors warned Monday that it is in danger of failing as the electronics company Foxconn wavers on a $170 million investment in the commercial electric vehicle startup. The Ohio company said in a regulatory filing on Monday that Foxconn it had received notice from Foxconn on April 21 that it was in breach of their agreement because it had received a delisting warning from Nasdaq two days earlier. Lordstown is in danger of being delisted from the Nasdaq because it's share price closed below $1 on March 7 and it has not recovered since.  ( 39 min )
    Lordstown Motors Warns of Bankruptcy as Foxconn Deal Unravels
    (Bloomberg) -- Lordstown Motors Corp. may be forced to cease operations and file for bankruptcy after manufacturing giant Foxconn told the electric-vehicle company that it’s prepared to pull out of a production partnership.Most Read from BloombergJPMorgan Ends First Republic’s Turmoil After FDIC SeizureBuffett Will Beat the Market as Recession Looms, Investors SayPeak Oil Spells Trouble for ConsumersJerome Powell Could Face More Opposition as Fed Choices Get TougherFirst Republic Talks Extend In  ( 39 min )
    First Republic Will Be Leaving the S&P 500. Here’s Who Might Be Going In.
    Blackstone is the largest company by market value not in the S&P 500  ( 23 min )
    China EV Sales: Li Auto Posts Blowout April; LI's Tesla Model Y Rival Off To A Hot Start
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    Stock market bulls facing a 'make or break' week
    The Federal Reserve will announce its next decision on interest rate hikes on Wednesday.  ( 40 min )
    Qualcomm Earnings Could Fall 40% on Weak Handset, Chipset Demand
    Qualcomm's Q2 FY 2023 net income likely plunged by more than 40% and revenue likely fell by 19% industry-wide depressed demand hurt both top- and bottom-line performance.  ( 19 min )
    Fed is set to raise rates yet again. After that, then what?
    The Federal Reserve is on track to raise its benchmark interest rate for the 10th time on Wednesday, the latest step in its yearlong effort to curb inflation with the fastest pace of hikes in four decades. Economists say Powell will likely hint that the Fed is edging closer to a long-awaited pause in its rate increases. Instead, he will probably stress that further rate hikes could happen if inflation were to stay persistently high, well above the Fed's 2% target rate.  ( 41 min )
    Supreme Court to decide important case on government power
    The Supreme Court said Monday it will decide whether to jettison a decades-old decision that has been a frequent target of conservatives and, if overruled, could make it harder to sustain governmental regulations. The justices agreed to hear an appeal that takes aim at a 1984 case known as Chevron. It involves the Chevron oil company and says that when laws aren’t crystal clear, federal agencies should be allowed to fill in the details.  ( 39 min )
    Blackstone’s Real Estate Trust Limits Withdrawals for Sixth Straight Month
    (Bloomberg) -- Blackstone Inc.’s $70 billion real estate trust for wealthy individuals limited redemptions for a sixth straight month.Most Read from BloombergJPMorgan Ends First Republic’s Turmoil After FDIC SeizureBuffett Will Beat the Market as Recession Looms, Investors SayPeak Oil Spells Trouble for ConsumersJerome Powell Could Face More Opposition as Fed Choices Get TougherFirst Republic Talks Extend Into Night After Banks Place BidsInvestors asked to redeem $4.5 billion in April from Black  ( 39 min )
    Lordstown Motors Says Foxconn Tries to Back Out of Investment
    Foxconn had agreed to invest $170 million in the EV truck startup in November.  ( 26 min )
    GM Lays Off Hundreds From Product Development in Latest Cost-Cutting Move
    Auto maker says the cuts were to contract workers in the group where the company works on future car models.  ( 32 min )
    Dimon: 'This part of the crisis is over'
    The CEO of JPMorgan Chase argued the seizure and sale of First republic puts to rest an excruciating period of panic for the banking system.  ( 39 min )
    AI Stocks To Watch As Big Tech Braces For Artificial Intelligence Regulation
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    This Bull Call Spread On Nvidia Stock Has Great Upside Potential
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    Who Are Charles Schwab's Main Competitors?
    Find out who Charles Schwab's main competitors are and how they stack up. Use this information to make informed investing decisions.  ( 21 min )
    Biotech Buying Bonanza: Iveric Bio Snags $5.9 Billion Deal From Astellas Pharma
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    Dow Jones Rises As JPMorgan Buys Failed First Republic Bank; FRC Stock Crashes 45%
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    Russia's domestic stock investors, shut off from the international financial system, have helped send the Moscow Exchange to a 12-month high
    The MOEX Index slumped 42% in 2022 amid sweeping sanctions over Russia's invasion of Ukraine.  ( 39 min )
    Li Auto Stock Rises After Record EV Deliveries. Here’s How XPeng and NIO Did.
    Li Auto's deliveries in April beat expectations, while XPeng's deliveries come in about as expected. NIO deliveries, however, are lower than Wall Street anticipated.  ( 23 min )
    Why did JPMorgan Chase buy First Republic out of receivership?
    You can ask why JPMorgan Chase agreed to buy the failed First Republic Bank out of regulatory receivership. But a better question might be, why not? As JPMorgan chairman and CEO Jamie Dimon explained in a company press release: “This acquisition modestly benefits our company overall, it is accretive to shareholders, it helps further advance our wealth strategy, and it is complementary to our existing franchise.”  ( 40 min )
    ‘Investment opportunity of a lifetime’: Cathie Wood says the robotaxi market could be worth trillions — here are 3 stocks to invest in it (besides Tesla)
    Advances in technology often come loaded with financial opportunities and scanning the one presented by the nascent autonomous driving sector, Cathie Wood thinks there is a huge one at play. The Ark Invest CEO has not been shy about making some bold predictions in the past and thinks investors should not underestimate what’s in store for this up-and-coming industry. “We think that the robotaxi opportunity globally will deliver $8 to $10 trillion in revenue by 2030 and is one of the most importan  ( 43 min )
    10 Tough Questions for Warren Buffett Heading Into Berkshire’s Annual Meeting
    Shareholders should ask about succession, a possible dividend, a potential Occidental acquisition, slowing buybacks, and whether the stock can beat the S&P 500.  ( 23 min )
    How to Avoid Tax Penalties With a 401(k) to Roth IRA Rollover
    Contributing after-tax dollars to a 401(k) might appeal to you if you'd like to be able to withdraw funds tax-free in retirement. Should you decide to leave your job you might be wondering if it's possible to roll over an … Continue reading → The post How to Convert After-Tax Dollars From 401(k) to IRA appeared first on SmartAsset Blog.  ( 41 min )
    JPMorgan Chase Buys First Republic Bank After FDIC Seizure
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    Norwegian Cruise Line Sails Past Estimates. The Stock Is Up.
    The cruise operator posts total revenue of $1.8 billion for its first quarter, soaring past the $522 million recorded in the year-ago period.  ( 22 min )
    With First Republic, JPMorgan’s Dimon Gets Over Financial Crisis Laments
    Jamie Dimon has often expressed regret at his bank’s past role as savior, but there is opportunity in its latest rescue.  ( 28 min )
    Apple Earnings Are Next. Back the Stock for This Reason, Analyst Says.
    Apple's iPhone revenue should hold up on Chinese demand and higher selling prices, according to Wedbush's Daniel Ives.  ( 22 min )
    Activision’s UK division faces HMRC investigation over diverted profits
    A division of US gaming giant Activision Blizzard, which last week accused Britain of being “closed for business”, is facing an investigation by the taxman that has already forced it to cough up tens of millions of pounds.  ( 39 min )
    Ford Expected to Post Revenue Growth on Higher Sales
    Ford's global unit sales rebounding globally, led by 15% growth in North America  ( 18 min )
    Disney uses Ron DeSantis’s own words against him in free speech lawsuit
    News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 5 min )
    Four Stocks Turn $10,000 Into $50,000 In Four Months
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    Is my money safe? What you need to know about bank failures
    Officials announced Monday that they closed San Francisco-based First Republic Bank, making it the third U.S. bank to collapse in the past two months. Most of First Republic’s assets are being acquired by JPMorgan. First Republic had wealthy clients who rarely defaulted on their loans.  ( 42 min )
    5 Things to Know Before Markets Open
    JPMorgan Chase acquires First Republic Bank after an FDIC takeover. Here’s what investors need to know today.  ( 17 min )
    SoFi Remains Optimistic Profitability Is Possible by End of Year
    (Bloomberg) -- SoFi Technologies Inc., the online lender suing the Biden administration for its student-loan repayment pause, reported a smaller loss than analysts expected and said it still expects to be profitable this year. Most Read from BloombergJPMorgan to Acquire Failed Regional Bank First RepublicPeak Oil Spells Trouble for ConsumersWarren Buffett Will Beat the Market in Recession Times, Investors SayFirst Republic Talks Extend Into Night After Banks Place BidsJerome Powell Could Face Mo  ( 38 min )
    Stagflation Is the Risk That Eludes Investors Mispricing Markets
    (Bloomberg) -- Financial markets are caught up in a tug of war between lingering inflation and concern about a recession as they try to guess the next move by the Federal Reserve. That means investors are potentially ignoring a far more dangerous outcome: stagflation.Most Read from BloombergJPMorgan to Acquire Failed Regional Bank First RepublicPeak Oil Spells Trouble for ConsumersFirst Republic Talks Extend Into Night After Banks Place BidsWarren Buffett Will Beat the Market in Recession Times,  ( 41 min )
    US regulators seize First Republic and sell 'substantially all assets' to JPMorgan in largest bank failure since 2008 crisis
    The San Francisco lender becomes the biggest casualty of the banking system turmoil that started in March.  ( 42 min )
    Rivian’s Troubles Don’t End at a 93% Wipeout
    (Bloomberg) -- The relentless erosion in Rivian Automotive Inc.’s share price is revealing an ugly truth: Investors have little faith left in the ability of the Amazon.com Inc.-backed company to compete in a crowded electric-vehicle market.Most Read from BloombergJPMorgan to Acquire Failed Regional Bank First RepublicPeak Oil Spells Trouble for ConsumersFirst Republic Talks Extend Into Night After Banks Place BidsJerome Powell Could Face More Opposition as Fed Choices Get TougherWarren Buffett W  ( 40 min )
    China's crackdown on high-flying finance executives sends jitters across brokerage industry
    When a Chinese woman flaunted her banker husband's 80,000 yuan (US$11,562) a month salary on social media last year, she quickly drew the ire of common folk and the attention of regulators towards financial elites like her spouse. The young CICC banker and his colleagues soon paid a heavy price for the folly, taking a pay cut of almost 50 per cent. This quickly spread across the sector, with employees taking pay cuts of some 20 per cent to 30 per cent last year, according to data compiled by the  ( 40 min )
    Bitcoin Prices Fall Below $29,000. The Focus Turns to the Fed.
    Crypto traders are looking for a confirmation of a peak in the Fed's rate-hiking cycle to help break Bitcoin's resistance at $30,000.  ( 22 min )
    Xi’s Food Security Drive Could End Up Backfiring for Chinese Farmers
    (Bloomberg) -- After more than 30 years growing crops on the plains of northern China, a farmer who asked to be identified as Zhang is struggling over what to plant in the coming months. Most Read from BloombergJPMorgan to Acquire Failed Regional Bank First RepublicPeak Oil Spells Trouble for ConsumersFirst Republic Talks Extend Into Night After Banks Place BidsJerome Powell Could Face More Opposition as Fed Choices Get TougherWarren Buffett Will Beat the Market in Recession Times, Investors Say  ( 40 min )
    JPMorgan Buys First Republic Bank in Second-Largest U.S. Bank Failure
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    These Stocks Are Moving the Most Today: First Republic, JPMorgan, Iveric Bio, Apple, and More
    Barron's live coverage of financial markets, from stocks and bonds to oil and crypto.  ( 19 min )
    Stock Futures Waver as JPMorgan to Take Over First Republic
    U.S. stocks were set for a modestly higher open Monday, following the announcement that JPMorgan Chase will be assuming all deposits of First Republic Bank. Dow Jones Industrial Average futures were up 20 points, or 0.1%. S&P 500 futures and Nasdaq 100 futures were flat. Attention on Monday will b  ( 24 min )
    De-dollarisation: oil market is a slippery slope for anti-dollar crowd to climb
    News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 5 min )
    Regulators close First Republic Bank, JPMorgan named as the buyer of $330B assets and deposits, FDIC on the hook for $13B
    First Republic Bank (FRB), on the brink of collapse in the weeks after the Silicon Valley Bank crisis, has finally fallen over, but with a relatively quick resolution into its next chapter: today the Federal Deposit Insurance Corporation (FDIC) announced that it was being closed by the the California Department of Financial Protection and Innovation, that the FDIC was appointed as receiver, and that the FDIC would be selling the assets to JPMorgan. Its assets and deposits total just over $330 billion combined. Specifically, “to protect depositors, the FDIC is entering into a purchase and assumption agreement with JPMorgan Chase Bank, National Association, Columbus, Ohio, to assume all of the deposits and substantially all of the assets of First Republic Bank,” it said.  ( 39 min )
    JPMorgan to Acquire All Deposits of First Republic
    First Republic's 84 offices will be taken over by JPMorgan, the FDIC says in a statement.  ( 22 min )
    First Republic Bank Is Seized, Sold to JPMorgan in Second-Largest U.S. Bank Failure
    Regulators seized First Republic Bank and struck a deal to sell the bulk of its operations to JPMorgan.  ( 27 min )
    Morgan Stanley’s Wilson Says Hawkish Fed Surprise to Roil Stocks
    (Bloomberg) -- Stock market investors holding on to hopes that the Federal Reserve will cut rates in the second half could be disappointed later this week, according to Morgan Stanley’s Michael Wilson — a staunch Wall Street bear.Most Read from BloombergFirst Republic Talks Extend Into Night After Banks Place BidsPeak Oil Spells Trouble for ConsumersJerome Powell Could Face More Opposition as Fed Choices Get TougherWarren Buffett Will Beat the Market in Recession Times, Investors SayBitcoin on C  ( 39 min )
    Bitcoin Sags After its Longest Streak of Monthly Gains Since 2021
    (Bloomberg) -- Bitcoin slipped back Monday after climbing for four consecutive months through April in the longest such winning run since 2021.Most Read from BloombergFirst Republic Talks Extend Into Night After Banks Place BidsPeak Oil Spells Trouble for ConsumersJerome Powell Could Face More Opposition as Fed Choices Get TougherBitcoin on Course for Longest Streak of Monthly Gains Since 2021Munger Warns Banks Stuck with Commercial Property Debt, FT SaysThe token slid as much as 3.2% and was tr  ( 38 min )
    10 Tough Questions for Warren Buffett Heading Into Berkshire’s Annual Meeting
    Shareholders should ask about succession, a possible dividend, a potential Occidental acquisition, slowing buybacks, and whether the stock can beat the S&P 500.  ( 23 min )
    First Republic in limbo as US regulators juggle bank's fate
    Regulators searched for a solution to First Republic Bank’s woes over the weekend, hoping to find a way forward before U.S. stock markets opened Monday. San Francisco-based First Republic has struggled since the collapse of Silicon Valley Bank and Signature Bank in early March, as investors and depositors grew increasingly worried the bank may not survive as an independent entity. World markets have periodically been shaken by worries over turmoil in the banking industry since Silicon Valley Bank's collapse.  ( 40 min )
    Bitcoin up on bank jitters, price forecasts; Ether dips, U.S. equity futures flat
    Bitcoin edged up on Monday morning in Asia to hold above US$29,000. Ether fell below US$1,900. Most other top 10 non-stablecoin tokens traded lower except BNB.  ( 40 min )
    NIO, XPeng, Li Auto April EV Deliveries Are Coming. Here’s What To Expect.
    Wall Street expect the trio to report about 43,000 units delivered in April, up from 38,000 units delivered in March.  ( 22 min )
    Stock market today: Tokyo gains, most Asian markets closed
    Shares advanced Monday in Tokyo and Sydney while most Asian markets were closed for May 1 holidays. The traditional Labor Day holidays around the globe likely limited initial market reactions to a delay in an expected decision by U.S. regulators on what to do with troubled First Republic Bank. San Francisco-based First Republic has struggled since the collapses of Silicon Valley Bank and Signature Bank in early March, as investors and depositors fret that the bank may not survive as an independent entity for much longer.  ( 40 min )
    VWELX: Overview of Vanguard Wellington Fund
    The nation's most venerable mutual fund boasts an average annual return above 8% since its inception in 1929 on the eve of the Great Depression.  ( 20 min )
    Asia Stocks Advance as Earnings Outweigh Bank Woes: Markets Wrap
    (Bloomberg) -- Equities in Asia were primed to advance on Monday after robust corporate earnings boosted Wall Street at the end of last week as investors awaited news of a bid for First Republic Bank.Most Read from BloombergJerome Powell Could Face More Opposition as Fed Choices Get TougherFirst Republic Regulators Rush to Fix Crisis as Banks Make BidsYour Sunday US Briefing: Pressure Mounts on First RepublicBitcoin on Course for Longest Streak of Monthly Gains Since 2021Signs Are Mounting That  ( 40 min )
    Hedge Funds Bet Dollar to Erase Hike-Cycle Gains as Fed Peaks
    (Bloomberg) -- Investors are piling into bets against the US dollar as this week’s expected Federal Reserve interest-rate hike is likely to bring the steepest tightening cycle in a generation to a halt. Most Read from BloombergJerome Powell Could Face More Opposition as Fed Choices Get TougherFirst Republic Regulators Rush to Fix Crisis as Banks Make BidsPeak Oil Spells Trouble for ConsumersBitcoin on Course for Longest Streak of Monthly Gains Since 2021Your Sunday US Briefing: Pressure Mounts o  ( 38 min )
    Oil Extends Second Weekly Drop on New China Recovery Concerns
    (Bloomberg) -- Oil extended two weeks of losses after data from China reignited concerns about a patchy recovery in the world’s biggest crude importer. Most Read from BloombergFirst Republic Regulators Rush to Fix Crisis as Banks Make BidsJerome Powell Could Face More Opposition as Fed Choices Get TougherPeak Oil Spells Trouble for ConsumersBitcoin on Course for Longest Streak of Monthly Gains Since 2021Your Sunday US Briefing: Pressure Mounts on First RepublicWest Texas Intermediate futures sli  ( 38 min )
    These Are The 5 Best Stocks To Buy And Watch Now
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  • Open

    Onbeperkt reizen met Duits ov kan vanaf nu voor 49 euro per maand
    Duitsland heeft vanaf maandag een ticket van 49 euro per maand waarmee reizigers onbeperkt met het regionale openbaar vervoer kunnen reizen. Daarmee krijgt het extreem goedkope 9 eurokaartje van afgelopen zomer een vervolg. Duitsland wil met het zogeheten Deutschlandticket de hoge brandstofprijzen compenseren.  ( 3 min )
    Bijna tien miljoen belastingaangiftes op deurmat van Belastingdienst
    De Belastingdienst telde maandag bijna tien miljoen belastingaangiftes en verwacht er nog meer. Daarmee zijn er meer Nederlanders dan vorig jaar die de deadline van de Belastingdienst hebben gehaald.  ( 4 min )
    Bijna tien miljoen belastingaangiftes op de deurmat van Belastingdienst
    De Belastingdienst telde maandag bijna tien miljoen belastingaangiftes en verwacht er nog meer. Daarmee zijn er meer Nederlanders dan vorig jaar die de deadline van de Belastingdienst hebben gehaald.  ( 4 min )
    Appartementen en monumenten hoeven straks toch geen hybride warmtepomp
    Niet in alle woningen moeten straks gasgestookte cv-ketels vervangen worden door hybride warmtepompen. Appartementen en monumenten worden uitgezonderd van verplichte verduurzaming, schrijft minister Hugo de Jonge (Volkshuisvesting) maandag aan de Tweede Kamer.  ( 5 min )
    Dieselrijder is spekkoper: prijs zakt naar laagste punt in anderhalf jaar
    Een liter diesel is nu goedkoper dan die in anderhalf jaar is geweest. De gemiddelde adviesprijs is maandag 1,667 euro per liter. Op 2 oktober 2021 was de brandstof voor het laatst zo gunstig geprijsd, blijkt uit cijfers van consumentencollectief UnitedConsumers. Bij benzine is de daling een stuk minder sterk.  ( 4 min )
    Van Return of the King tot kaviaar: Britse middenstand klaar voor kroning
    De etalages van Britse winkels liggen al vol met standaard prullaria, zoals mokken, theedoeken, kussens en teddyberen, voor de kroning van Charles. Ook zijn er bedrijven die origineler uit de hoek proberen te komen om de consument te verleiden iets voor de speciale gelegenheid te kopen.  ( 3 min )
    34 miljoen euro aan STAP-budget in drie uur vergeven
    Het potje voor de tweede ronde van het STAP-budget dit jaar is maandag binnen drie uur leeg geraakt. Vanaf 10.00 uur kon iedereen die dat wilde een aanvraag doen voor een tegemoetkoming van maximaal 1.000 euro in studiekosten. Het studiebudget was al geliefd en nu bekend werd dat het volgend jaar alweer afgeschaft wordt, is dat niet anders.  ( 4 min )
    Ondanks krappe arbeidsmarkt nemen machines ons werk (nog) niet over
    Ondanks de krapte op de arbeidsmarkt neemt de automatisering bij grote bedrijven nauwelijks toe, blijkt uit een rapport van het World Economic Forum (WEF).  ( 3 min )
    Tientallen Roompot- en Landal-parken worden Summio's
    De dertig vakantieparken van Roompot en Landal die verkocht zijn zodat de twee vakantieparkketens samen verder kunnen gaan, gaan voor het grootste deel verder onder de vlag van Summio Parcs. Dat is een nieuwe merknaam van Dormio Groep, een Nederlandse exploitant van vakantieparken.  ( 3 min )
    Inflatie raakt werknemers wereldwijd, maar topbestuurders blijven buiten schot
    Topbestuurders hebben vorig jaar weinig last gehad van de inflatie. Volgens een onderzoek van Oxfam kregen mensen met een topfunctie in 2022 juist een loonsverhoging.  ( 3 min )
    Vakbond FNV gaat nu zelf staken voor hoger loon
    Medewerkers van vakbond FNV leggen dinsdag zelf het werk neer. Ze zijn niet tevreden over het loon dat de bond zijn eigen werknemers biedt.  ( 4 min )
    Het loopt storm bij Noodfonds Energie, aanvragen kan een week langer
    Het Tijdelijk Noodfonds Energie blijft langer beschikbaar. Omdat in de afgelopen week een recordaantal aanvragen is binnengekomen, is de deadline verplaatst naar vrijdag 12.00 uur.  ( 3 min )
    Derde Amerikaanse bank in korte tijd valt om
    In de Verenigde Staten is voor de derde keer in tweede maanden tijd een bank omgevallen vanwege financiële problemen. Het gaat om de First Republic Bank.  ( 2 min )
    Flitsbezorgbedrijven verdwijnen in rap tempo
    Waarschijnlijk verdwijnt na Gorillas ook Flink van het toneel. Volgens zakenkrant Financial Times is de flitsbezorger de nieuwe overnameprooi van het Turkse Getir, dat eerder Gorillas heeft ingelijfd.  ( 3 min )
    Beleggers zijn wel vrij op Dag van de Arbeid
    De Dag van de Arbeid is in Nederland, in tegenstelling tot in andere Europese landen, geen nationale feestdag. Alleen de Amsterdamse effectenbeurs is op 1 mei dicht. Daardoor zijn handelaren en beleggers vandaag in ieder geval een deel van de dag vrij.  ( 3 min )
    Op = op krijgt nieuwe betekenis bij Albert Heijn
    Na een week van stakingen in de distributiecentra van Albert Heijn zijn veel schappen in een aantal winkels schrikbarend leeg. Alle energie is nu gericht op het hervatten van de gesprekken met de vakbonden, zegt een woordvoerder van de supermarktketen.  ( 3 min )
    Elk jaar betaald vrij op 5 mei is vooral een ambtenarendingetje
    Ieder jaar op kosten van de baas op 5 mei vrij is dit jaar tot dusver in vier cao's opgenomen als arbeidsvoorwaarde. Dat is nog geen 3 procent van de in totaal 143 afgesloten arbeidsovereenkomsten. Dat blijkt uit cijfers die NU.nl opvroeg bij werkgeversvereniging AWVN.  ( 4 min )
    Adidas aangeklaagd vanwege stukgelopen deal met rapper Ye
    Aandeelhouders van adidas hebben het sportmerk aangeklaagd vanwege de stukgelopen samenwerking met rapper Ye. Volgens de beleggers wist adidas al jaren dat de artiest er omstreden ideeën op nahield.  ( 2 min )
    Elk jaar betaald vrij op 5 mei wint mondjesmaat terrein
    Ieder jaar op 5 mei vrij op kosten van de baas, is dit jaar tot dusver in vier cao's opgenomen als arbeidsvoorwaarde. Dat is nog geen 3 procent van het totaal van de in totaal 143 afgesloten arbeidsovereenkomsten. Zo blijkt uit cijfers die NU.nl opvroeg bij AWVN.  ( 4 min )
    Wat is 1 mei en waarom is dit geen officiële feestdag in Nederland?
    De landen om ons heen staan vandaag stil bij de Dag van de Arbeid, die vrijwel overal in Europa en de rest van de wereld een officiële feestdag is. Wat is 1 mei? En waarom gaat deze dag zo stilletjes aan ons voorbij?  ( 4 min )
    Nieuwe ronde STAP-budget, bijna laatste kans op 1.000 euro
    Vanaf maandag 10.00 uur kan iedereen die dat wil een aanvraag doen voor een tegemoetkoming van maximaal 1.000 euro in studiekosten. Je moet dan wel door de digitale wachtrij zien te komen, want de belangstelling voor het zogenoemde STAP-budget wordt mogelijk nog groter dan normaal nu bekend is gemaakt dat het volgend jaar wordt geschrapt.  ( 3 min )

  • Open

    Insiders Pour Millions Into These 2 Beaten-Down Stocks — Here’s Why You Might Want to Ride Their Coattails
    Whether you’re a seasoned trader or a novice, the oldest piece of advice in economics still holds true: buy low and sell high. The challenge lies in determining the right time to purchase stocks that are undervalued or to sell those that are overpriced. There are plenty of signs to crack that code, but one of the clearest is the insiders’ trading patterns. The insiders are corporate officers, companies’ higher-ups, whose positions put them ‘in the know.’ Therefore, monitoring their trades, espec  ( 42 min )
    'The market is getting impatient': Here's what investors are looking for at the Fed's upcoming policy meeting
    The Fed may signal a pause but it could take a "black swan event" to drive the US central bank to start cutting rates in 2023.  ( 40 min )
    Preventing a Tax Hit When Selling Rental Property
    Rental property ownership has its benefits, but selling can create a big tax hit. Thankfully, there are ways to reduce capital gains exposure.  ( 23 min )
    First Republic up in air as regulators juggle bank's fate
    Regulators continued their search for a solution to First Republic Bank’s woes over the weekend before stock markets were set to open Monday. San Francisco-based First Republic has struggled since the collapse of Silicon Valley Bank and Signature Bank in early March, as investors and depositors have grown increasingly worried that the bank may not survive as an independent entity for much longer. Gary Cohn, a former Goldman Sachs president who served as President Donald Trump’s top economic adviser, told CBS News’ “Face the Nation” on Sunday that the Federal Deposit Insurance Corporation "would prefer to sell the bank in its entirety than in pieces.”  ( 40 min )
    Concerns about mega-cap FAAMG companies and market concentration may be overblown
    While the scale of these mega-cap companies may raise eyebrows, their businesses are far more diversified than most, which means concerns about market concentration are arguably overblown.  ( 42 min )
    From a painful credit crunch to a meltdown in the commercial real estate market, here's what top economists are predicting for the coming months
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    Boeing, Estée Lauder, and 5 Other Stocks for a Very Confusing Market
    Portfolio managers at this week’s Morningstar Investment Conference named stocks within aerospace like Boeing, General Electric as well as luxury goods maker like LVMH.  ( 22 min )
    ARM registers for US initial public offering
    ARM registered for US stock market listing on Saturday, setting the stage for the most important IPOs in recent memory.  ( 37 min )
    First Republic Insiders Sold Stock in Months Before Slide
    First Republic's share price closed Friday at $3.51, down 97% from the start of the year, and they continued to fall in after-hours trading  ( 22 min )
    The housing market is shifting—just look at earnings published by 2 giant Fortune 500 homebuilders
    A pair of homebuilders on the Fortune 500 list, No. 124 D.R. Horton and No. 267 PulteGroup, just reported a big drop in cancellation rates.  ( 40 min )
    FDIC Gathers Bids for First Republic Bank
    JPMorgan and PNC Financial Services are among the banks bidding on assets of First Republic Bank. The FDIC could announce the results Sunday evening.  ( 23 min )
    Early retirement devotees rethink assumptions after 'dicey times'
    Post Covid, the bear market has jeopardized Americans’ investments and high inflation has decreased the purchasing power of their savings.  ( 40 min )
    JPMorgan, Citizens and PNC submit bids for First Republic
    News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 5 min )
    Pitched Fight for Stock Market Supremacy Was Masked by VIX’s April Plunge
    (Bloomberg) -- For all the angst over US banking stress and a profit recession, none made it to the surface of the stock market in April. Most Read from BloombergFirst Republic Regulators Rush to Fix Crisis as Banks Make BidsJerome Powell Could Face More Opposition as Fed Choices Get TougherPeak Oil Spells Trouble for ConsumersBitcoin on Course for Longest Streak of Monthly Gains Since 2021Your Sunday US Briefing: Pressure Mounts on First RepublicCalm prevailed, with the Cboe Volatility Index en  ( 41 min )
    Should You Sell Tesla Stock In May? Maybe Not.
    Tesla shares have been on a wild ride lately as investors debate profit margins, price cuts and EV demand. Stock charts and stock seasonality can help investors get a sense of what might happen in coming months.  ( 22 min )
    Disney layoffs hit Disney+ leadership teams as Bob Iger resets streaming strategy
    Disney finished off a long week of laying off thousands of more workers as it looks to slash 7,000 jobs by the summer.  ( 41 min )
    Equity Bulls Count on Fed-Cycle Math That Worked For Decades
    (Bloomberg) -- At first blush, stock bulls on Wall Street have history on their side if the Federal Reserve’s aggressive policy-tightening campaign really is drawing to a close.Most Read from BloombergFDIC Asks Banks for Final First Republic Bids Due SundayJerome Powell Could Face More Opposition as Fed Choices Get TougherSigns Are Mounting That a Debt Crunch is LoomingTwitter Co-Founder Dorsey Rues Musk Deal: ‘It All Went South’A Century-Old Dynasty Overhauls Its Billions in Rare M&A BetOver ei  ( 40 min )
    Handicapping the reported bidders for First Republic
    News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 5 min )
    Dow Jones Futures: Market Rally Eyes 2023 Highs; First Republic, Fed, Earnings In Focus
    No content preview
    Fed decision, Apple earnings, April jobs report: What to know this week
    The next major test for markets awaits Wednesday when the Federal Reserve makes its next decision on rate hikes.  ( 42 min )
    Big Tech’s Rebound Plays to Individual Investors’ Growth-Stock Bets
    Large U.S. technology companies are powering the broader stock market higher and vindicating many growth-stock investors who got burned in tech shares’ tumble last year.  ( 26 min )
    Bitcoin’s Monthly Streak Brings $100,000 Into View if History Is Right
    (Bloomberg) -- Bitcoin’s bounce has paved the way for the type of six-figure price projections that peppered the pandemic-era crypto boom. The token’s ripening monthly streak puts history on the side of such bold optimists.Most Read from BloombergFDIC Asks Banks for Final First Republic Bids Due SundayTwitter Co-Founder Dorsey Rues Musk Deal: ‘It All Went South’Signs Are Mounting That a Debt Crunch is LoomingA Century-Old Dynasty Overhauls Its Billions in Rare M&A BetHarley-Davidson Says Repo Sh  ( 39 min )
    Ask an Advisor: My Child Works a Low-Paying Job. Is ‘This a Great Time' for Them to Max Out a Roth IRA?
    My child is in a low-paying job that puts them into a 0% or maybe a 10% marginal tax bracket. Isn't this a great time for them to max out a $6,000 Roth IRA contribution? We are considering a gift … Continue reading → The post Ask an Advisor: My Child Works a Low-Paying Job. Is ‘This a Great Time' for Them to Max Out a Roth IRA? appeared first on SmartAsset Blog.  ( 40 min )
    Ask an Advisor: I Have $30,000 to Invest. Will a Financial Advisor Work With Me?
    I am a retired veteran with no retirement accounts and I want to start investing with $30,000. I'd like some investing advice, but I'm finding advisors have minimum investment requirements, and I'm hesitant to work with a robo-advisor. Can you … Continue reading → The post I Have $30,000 to Invest. Will a Financial Advisor Work With Me? appeared first on SmartAsset Blog.  ( 40 min )
    Ask an Advisor: Help Me Understand the ‘Best Way' to Manage an IRA. Is It Better to Pay Taxes Now or in Retirement?
    Which is the best way to handle an individual retirement account (IRA)? Let it sit and earn money, then pay taxes on the withdrawals in retirement? Or roll it over to a Roth IRA? Should I pay the taxes now … Continue reading → The post Ask an Advisor: Help Me Understand the ‘Best Way' to Manage an IRA. Is It Better to Pay Taxes Now or in Retirement? appeared first on SmartAsset Blog.  ( 41 min )
    Can Young Adults Open a Roth IRA?
    Dollar for dollar, a Roth IRA is almost always the best retirement account you can have. They have lower contribution limits than a traditional 401(k), but other than that the advantages of this after-tax account can't be beaten. If you … Continue reading → The post What Is the Minimum Age for a Roth IRA? appeared first on SmartAsset Blog.  ( 41 min )
    Cash in On These Banks' Sign-Up Bonuses Before They Expire
    Some banks are offering bonus cash to consumers who open new accounts. These promotions trail the high-profile failure of several banks in March and the Federal Reserve's recent rate increases. New banking promotions may provide valuable incentives to new depositors. … Continue reading → The post Some Banks Are Offering Sign-Up Bonuses to New Clients, But These Perks May Expire Soon appeared first on SmartAsset Blog.  ( 39 min )
    Munger Warns Banks Stuck with Commercial Property Debt, FT Says
    (Bloomberg) -- Banks are saddled with bad loans, signaling trouble ahead in the US commercial property market, Berkshire Hathaway Inc.’s Charlie Munger told the Financial Times in an interview.Most Read from BloombergFDIC Asks Banks for Final First Republic Bids Due SundayTwitter Co-Founder Dorsey Rues Musk Deal: ‘It All Went South’Signs Are Mounting That a Debt Crunch is LoomingA Century-Old Dynasty Overhauls Its Billions in Rare M&A BetHarley-Davidson Says Repo Shortage Is Fueling Credit Losse  ( 38 min )
    China Reopening Party Over as Emerging Markets Slip Back to Void
    (Bloomberg) -- Emerging-market bulls betting that China’s reopening would drive a year of asset outperformances are seeing their dreams turn into dust.Most Read from BloombergFDIC Asks Banks for Final First Republic Bids Due SundayTwitter Co-Founder Dorsey Rues Musk Deal: ‘It All Went South’Signs Are Mounting That a Debt Crunch is LoomingA Century-Old Dynasty Overhauls Its Billions in Rare M&A BetHarley-Davidson Says Repo Shortage Is Fueling Credit LossesThe benchmark gauge for developing-nation  ( 40 min )
    Fed & Co. Confront History of Mistakes as Hiking Cycle Nears End
    (Bloomberg) -- As the world’s major central banks near the end of their steepest rate-tightening campaign in decades, the harsh lessons of past policy errors will weigh heavily on decisions as to when and where borrowing costs peak.Most Read from BloombergFDIC Asks Banks for Final First Republic Bids Due SundayTwitter Co-Founder Dorsey Rues Musk Deal: ‘It All Went South’Signs Are Mounting That a Debt Crunch is LoomingA Century-Old Dynasty Overhauls Its Billions in Rare M&A BetHarley-Davidson Say  ( 41 min )
    Return To Office Plans: How about Never? Does Never Sound Good?
    The workplace isn’t going back to the way it was before COVID-19, and neither will real estate values for office space, according to a new report by Oxford Economics  ( 17 min )
    Will the Fed deliver its tenth straight rate rise?
    News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 5 min )
    Charlie Munger: US banks are ‘full of’ bad commercial property loans
    News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 5 min )
    Big Banks Hold the Purse Strings For Fossil Fuels. They’re Not Giving Them Up.
    Shareholder proposals asking U.S. banks to phase out financing of new fossil fuel projects garnered weak support from investors.  ( 23 min )
    Standard Chartered: Asia in 'different place' to the West as China's economy gathers momentum
    No content preview
    Stock Market Calm Rekindles Debate Over Fed Tightening
    Economic growth has slowed, but inflation remains persistent in key areas, raising concerns that the Fed’s balance-sheet size could force the Fed to take rates even higher.  ( 26 min )
    The Building Boom Is Prolonging Market Pain
    Construction employment is higher than ever despite rising interest rates—undermining bets the Fed will soon pivot.  ( 27 min )
    Starbucks, Ford, Apple Lead Another Busy Earnings Week
    Most companies have surpassed Wall Street’s earnings expectations for the quarter.  ( 25 min )
    Here’s What Treasury, Fed Might Do in a Debt Ceiling Crisis
    Biden administration officials won’t disclose contingency plans, but the historical record offers clues on preventing financial and economic chaos.  ( 27 min )
    Key Takeaways From a Better-Than-Feared Start to Earnings Season
    (Bloomberg) -- Investors have had plenty to cheer this earnings season so far — resilient consumer spending, upbeat Big Tech results and confident economic outlooks from corporate executives. Yet, the stock market is not reflecting the optimism.Most Read from BloombergFDIC Asks Banks for Final First Republic Bids Due SundayTwitter Co-Founder Dorsey Rues Musk Deal: ‘It All Went South’Harley-Davidson Says Repo Shortage Is Fueling Credit LossesA Century-Old Dynasty Overhauls Its Billions in Rare M&  ( 40 min )
    ‘Money-printing spree has turned banks into drug addicts’
    Waves of money printing have turned banks into "drug addicts" reliant on cheap cash to stay afloat, one of the world's top central bankers has warned.  ( 42 min )
    Buying and Selling in the Forex Market
    Buying and selling foreign exchange (forex) is a fascinating topic. It includes knowing what to buy and sell and when to buy and sell it.  ( 20 min )
    iPhone Sales Are Key for Apple. India Could Move the Needle.
    The company has made only limited inroads in the Indian smartphone market, leaving plenty of room for gains.  ( 22 min )
    Sell in May and Go Away. But Come Back Soon.
    The financial weather looks unsettled, writes Jacques Cesar, but there's little reason to believe we're entering a secular bear market.  ( 30 min )
    4 big deal reports: Activision plunges on blocked Microsoft buyout | Pro Recap
    Here is your Pro Recap of the biggest head-turning deal dispatches you may have missed this week: a shocking block for the Microsoft-Activision buyout in the U.K.; a scramble to save the failing First Republic Bank; a multibillion-dollar deal for Carrier Global; and ' response to an unsolicited bid from an activist investor. Shares of Activision Blizzard (NASDAQ:ATVI) plummeted more than 11% on Wednesday after the United Kingdom's Competition and Markets Authority (CMA) issued an order blocking Microsoft's (NASDAQ:MSFT) $68.7 billion pending acquisition of the company.  ( 40 min )
    This week in EVs: Tesla's sky-high costs; Rivian slapped with lawsuit | Pro Recap
    Investing.com -- Here is your weekly Pro Recap of the past week's biggest headlines in the electric vehicle space: Tesla’s lofty capex and labor law violations; the end of the Chevy Bolt at GM; a muddy lawsuit for Rivian; layoffs at Stellantis; and Mullen's probe into "improper trading" in its shares.  ( 41 min )
    Sunak is pulling the plug on the North Sea – watch UK oil drain away
    At its peak in the early 2000s, the North Sea oil and gas industry, centred on Aberdeen, delivered over 2.7m barrels of oil daily – a heady 3.6pc of global production. North Sea gas fields provided the equivalent of another 1.8m barrels on top of that.  ( 41 min )
    Investors bet on shrinking pool of tech stocks as rally narrows
    News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 5 min )
  • Open

    Preventing a Tax Hit When Selling Rental Property
    Rental property ownership has its benefits, but selling can create a big tax hit. Thankfully, there are ways to reduce capital gains exposure.  ( 23 min )
    Monetary Conditions Index (MCI) Definition
    The monetary conditions index (MCI) offers a tool for economies to gauge the relative ease or tightness of monetary conditions over time.  ( 19 min )
    10 of the Most Famous Public Companies That Went Private
    Here’s a list of the most popular listed companies that went private in recent decades.  ( 28 min )
    Beauty Brands Tackle Greener Packaging
    While packaging is an important differentiation for cosmetics, it can also be harmful to the environment. Some major brands are tackling the issue head-on.  ( 24 min )
    Is a Car an Asset?
    Even with depreciating value and constant maintenance costs, your motor vehicle can prove to be a major asset for you.  ( 21 min )
    Return To Office Plans: How about Never? Does Never Sound Good?
    The workplace isn’t going back to the way it was before COVID-19, and neither will real estate values for office space, according to a new report by Oxford Economics  ( 16 min )
    Target Prices: The Key to Sound Investing
    Learn how to evaluate the legitimacy of target prices and why investors should trust them over ratings.  ( 18 min )
    Acceptance Sampling: Meaning, Types, and FAQ
    Acceptance sampling is a statistical quality-control measure that lets a company determine the quality of a product lot by testing randomly selected samples.  ( 21 min )
    Composite Cost of Capital Definition
    Composite cost of capital is a company's cost to finance its business, determined by and commonly referred to as "weighted average cost of capital" (WACC).  ( 18 min )
    Buying and Selling in the Forex Market
    Buying and selling foreign exchange (forex) is a fascinating topic. It includes knowing what to buy and sell and when to buy and sell it.  ( 20 min )
    Bond Resolution Definition
    A bond resolution is a document that lays out the specifics of a bond's issuance and sale, as well as the rights of the issuer and bondholder.  ( 18 min )
    Mortgage Broker vs. Direct Lender: What’s the Difference?
    A mortgage broker is an intermediary who can help you choose the best direct lender for you and get your loan application through the process.  ( 26 min )
    Average Credit Scores by Generation
    One thing that improves with age is creditworthiness. Here's a breakdown of average credit scores for Gen Z, millennials, Gen X, and beyond.  ( 22 min )
    When To Use Your Mortgage Lender for a Home Equity Loan
    Lenders will compete for your home equity loan business, but is there an advantage to borrowing from the one that already holds your primary mortgage?  ( 22 min )
    What To Expect on the CFA Level I Exam
    The Level I exam for the Chartered Financial Analyst (CFA) designation can be challenging. Here's what to expect.  ( 25 min )
  • Open

    NU+ | Klimaatvraag: Wat betekent 'klimaatneutraal' eigenlijk?
    Regelmatig duikt NU.nl in een klimaatgerelateerde vraag. Deze keer gaan we dieper in op de term 'klimaatneutraal'. Bedrijven en overheden gebruiken het woord en we vinden het ook steeds vaker terug op labels van spullen en bij diensten. Maar wat houdt het precies in?  ( 4 min )
    Nog geen belastingaangifte gedaan? Hier kun je op letten om geld te besparen
    Vandaag is de laatste dag om belastingaangifte te doen (tenzij je uitstel aanvraagt). Voor wie last minute aan de slag moet, hebben we vijf tips. Waar moet je dit jaar op letten bij de aangifte inkomstenbelasting en waarmee kun je makkelijk geld besparen?  ( 8 min )
    Asielzoekers komen talloze hindernissen tegen op weg naar de arbeidsmarkt
    Slechts een kleine minderheid van de asielzoekers in Nederland komt aan een baan. Dat komt onder meer doordat ze maar 24 weken per jaar mogen werken, waardoor werkgevers afhaken. Maar er zijn nog meer obstakels waardoor tienduizenden asielzoekers niet werken.  ( 5 min )
  • Open

    JPMorgan, PNC In Fray For First Republic As FDIC Calls For Bids, Report
    The Federal Deposit and Insurance Commission wants to receive all bids for First Republic by Sunday with JPMorgan and PNC said to be leading the chase.  ( 1 min )

  • Open

    Apple drops lawsuit against former exec who accused company of spying
    After more than three years of litigation, Apple has quietly dropped its lawsuit against Gerard Williams III, the former chip executive the company accused of poaching employees.  ( 39 min )
    If U.S. defaults on debt Bitcoin could rise nearly 70%, says Standard Chartered analyst
    Standard Chartered's Geoff Kendrick is bullish on Bitcoin regardless, even as Warren Buffett calls it a "gambling token."  ( 38 min )
    Here are the 6 factors that suggest the stock market bottomed last October and will continue to rally from here
    No content preview
    Fed Seen Boosting Rates Even as Economic Risks Build
    (Bloomberg) -- Federal Reserve policymakers are about to extend their year-long campaign of raising interest rates to beat back still-stubborn inflation, even as risks to the US economy build.Most Read from BloombergFDIC Asks Banks for Final First Republic Bids Due SundayHarley-Davidson Says Repo Shortage Is Fueling Credit LossesTwitter Co-Founder Dorsey Rues Musk Deal: ‘It All Went South’First Republic’s Fate Uncertain After Stock’s Harrowing DropA Century-Old Dynasty Overhauls Its Billions in  ( 41 min )
    Signs Are Mounting That a Debt Crunch is Looming
    (Bloomberg) -- Just when it seemed the US regional banking strains were starting to ease, First Republic Bank has leaped back into headlines, reigniting concerns of rising pain in the lending system. Most Read from BloombergFDIC Asks Banks for Final First Republic Bids Due SundayHarley-Davidson Says Repo Shortage Is Fueling Credit LossesTwitter Co-Founder Dorsey Rues Musk Deal: ‘It All Went South’First Republic’s Fate Uncertain After Stock’s Harrowing DropA Century-Old Dynasty Overhauls Its Bill  ( 40 min )
    JPMorgan and PNC Are Among a Handful of Banks Bidding for First Republic
    A bidding process for the bank's assets could conclude as soon as Sunday. The FDIC would simultaneously place First Republic into receivership.  ( 22 min )
    Sharpton threatens to protest McDonald's over racial discrimination, putting fast food chain 'on notice'
    Rev. Al Sharpton's National Action Network is demanding communication from the McDonald's Corporation regarding accusations of racial discrimination.  ( 39 min )
    Banks wait on US to decide fate of First Republic
    The FDIC invited several banks to make bids for the San Francisco lender, including JPMorgan and PNC.  ( 41 min )
    JPM, Bank of America consider First Republic bids as FDIC sets Sunday noon deadline
    The FDIC is approaching some of the same banks that came to First Republic's aid in March.  ( 40 min )
    JPM, Bank of America consider First Republic bids as FDIC sets Sunday deadline
    The FDIC is approaching some of the same banks that came to First Republic's aid in March.  ( 40 min )
    De-dollarization and global reserves dominance, explained by a top currency economist and the inventor of the 'dollar smile' theory
    No content preview
    Dollar dominance could give way to a 'tripolar' currency system as China's yuan and the euro rise on the world stage
    "With capital controls, it would be difficult for the [yuan] to become a viable international currency," economist Stephen Jen told Insider.  ( 39 min )
    Jamie Dimon is vying to take control of First Republic Bank, report says, after JPMorgan steered clear of SVB
    JPMorgan is leading the charge to buy First Republic as it prepares to enter receivership, per The Wall Street Journal, unlike its approach with SVB.  ( 39 min )
    ‘Lost thousands of dollars of refunds:’ Why it pays to file your taxes even if they're late
    In addition to unclaimed refunds, not filing your taxes can give the Internal Revenue Service unlimited time to audit you as well as result in lost Social Security benefits and possible loan denials.  ( 39 min )
    Workers’ retirement expectations at odds with reality, survey finds
    What workers think will happen during their golden years is a lot different than what retirees report is actually reality, a new survey found.  ( 40 min )
    A Century-Old Dynasty Overhauls Its Billions in Rare M&A Bet
    (Bloomberg) -- Over the past century, the Viessmanns built one of the world’s biggest fortunes with a manufacturing empire spawned from a small workshop in the German state of Bavaria.Most Read from BloombergFDIC Asks Banks for Final First Republic Bids Due SundayTwitter Co-Founder Dorsey Rues Musk Deal: ‘It All Went South’Harley-Davidson Says Repo Shortage Is Fueling Credit LossesA Century-Old Dynasty Overhauls Its Billions in Rare M&A BetSigns Are Mounting That a Debt Crunch is LoomingThe bill  ( 40 min )
    Is $6 Million Enough to Retire Comfortably at 50?
    If you save up $6 million by age 50, you'll position yourself for a long, comfortable retirement. However, you'll still need to navigate taxes, income calculations and economic forces, all of which can create financial pressure during your golden years. … Continue reading → The post Is $6 Million Enough to Retire at 50? appeared first on SmartAsset Blog.  ( 43 min )
    Bond Volatility Has Busted the 60/40 Portfolio’s Safety Valve
    (Bloomberg) -- The biggest swings in bonds in more than a decade this year are a fresh challenge to the time-honored 60/40 investment strategy.Most Read from BloombergFDIC Asks Banks for Final First Republic Bids Due SundayHarley-Davidson Says Repo Shortage Is Fueling Credit LossesTwitter Co-Founder Dorsey Rues Musk Deal: ‘It All Went South’A Century-Old Dynasty Overhauls Its Billions in Rare M&A BetUkraine Latest: Medvedev Floats Ending Diplomatic Ties to PolandHolding 60% of portfolios in stoc  ( 40 min )
    Life Insurance vs. Roth IRA: How to Decide Where to Put Your Retirement Money
    When choosing where to set aside money for retirement, you need to weigh your options carefully. You're likely going from one main income source to multiple smaller income sources when you retire. You may also want buy some security for your … Continue reading → The post Life Insurance vs. Roth IRA: Retirement Guide appeared first on SmartAsset Blog.  ( 40 min )
    Webull vs. Charles Schwab: Which Is Best For My Financial Goals?
    Finding an online brokerage firm to use for your personal investment can be intimidating. There are many options out there, and it isn't all about picking the option with the most bells and whistles - you have to choose the … Continue reading → The post Webull vs. Charles Schwab appeared first on SmartAsset Blog.  ( 40 min )
    How to Start Investing in CDs Right Now
    While other investment and savings vehicles may get higher returns, few are as reliable as the certificate of deposit. CDs are traditionally safe, solid investments. Let's take a look at common ways to invest in them and add them to … Continue reading → The post How to Invest in CDs appeared first on SmartAsset Blog.  ( 39 min )
    Amazon Leads 5 S&P 500 Stocks Near Buy Points After Earnings
    No content preview
    Tech earnings suggest it's a stock picker's market
    Before those Apple earnings on May 4, here's what you need to know from tech earnings this week.  ( 40 min )
    Congress hasn't banned lawmakers from trading stocks. Can a bank crisis change that?
    The stock sales made by various lawmakers from both parties during the March banking turmoil are renewing calls for an outright ban of Congressional trading.  ( 42 min )
    Brexit has ushered in a new nanny state
    And there I was thinking that the Brexit rallying call of “take back control” did at least mean that the UK economy might finally free itself from the leviathan of oppressive, growth destructive, European regulation.  ( 41 min )
    Beat of the Week: Mobileye Plunges as Weak Outlook Offsets Earnings Surprise
    Mobileye shares fell steeply this week after the autonomous vehicle chipmaker cut its full-year guidance, citing weakness in China’s electric vehicle (EV) market.  ( 18 min )
    Big Pension Exited First Republic Stock, Bought AMC and DR Horton
    New Jersey’s state pension sold all its First Republic stock in the first quarter, a period that saw shares crater, and ahead of the April drubbing.  ( 23 min )
    FDIC approaches big banks about buying First Republic
    The FDIC is approaching some of the same banks that came to First Republic's aid in March.  ( 40 min )
    The Banking Crisis: A Timeline of Silicon Valley Bank’s Collapse and Other Key Events
    Here is the latest on Silicon Valley Bank’s collapse and the fallout that came next.  ( 27 min )
    Americans using buy now, pay later to afford groceries, other necessities
    Bankrate.com senior industry analyst Ted Rossman discusses the evolution of "buy now, pay later" and the risks posed to consumers.  ( 39 min )
    The Subtle Strategy Behind Elon Musk’s Price Cuts at Tesla
    The EV tycoon is taking a path that has been fraught for other car companies; he maintains he can pull off a twist.  ( 26 min )
    The Bear Market’s Survivors Share Their Biggest Lessons
    With the S&P 500 in the longest bear market since 1973, individual investors are maneuvering differently from just months ago.  ( 27 min )
    As the US cracks down on crypto, Hong Kong extends a warm welcome
    On a balmy day in mid-April, thousands of people queued in line to enter the Hong Kong Convention Center where the city's inaugural web3 festival was underway. Most had flown in from mainland China, but many others had trekked from Singapore, Japan, Indonesia, Thailand and even the U.S. to see what the city had to offer to crypto ventures at a time regulation over digital assets is intensifying in the U.S. In February, Hong Kong proposed a set of welcoming rules to regulate crypto-related activities.  ( 41 min )
    IBM, Raytheon, and MetLife Boost Dividends
    International Business Machines stock is in the red so far this year, but the company just marked 28 straight years of dividend increases.  ( 22 min )
    FDIC Asks JPMorgan, PNC for Final First Republic Bids Due Sunday
    (Bloomberg) -- The Federal Deposit Insurance Corp. has asked banks including JPMorgan Chase & Co. and PNC Financial Services Group Inc. to submit final bids for First Republic Bank by Sunday after gauging initial interest earlier in the week, according to people with knowledge of the matter.Most Read from BloombergHarley-Davidson Says Repo Shortage Is Fueling Credit LossesFirst Republic’s Fate Uncertain After Stock’s Harrowing DropFed Seeks Stronger Bank Rules While Detailing Oversight LapsesStr  ( 40 min )
    Twitter Co-Founder Dorsey Rues Musk Deal: ‘It All Went South’
    (Bloomberg) -- Twitter co-founder Jack Dorsey — once a supporter of Elon Musk’s $44 billion acquisition of the site — is now offering sharp criticism of the new owner and his handling of the deal.Most Read from BloombergFDIC Asks Banks for Final First Republic Bids Due SundayTwitter Co-Founder Dorsey Rues Musk Deal: ‘It All Went South’Harley-Davidson Says Repo Shortage Is Fueling Credit LossesA Century-Old Dynasty Overhauls Its Billions in Rare M&A BetSigns Are Mounting That a Debt Crunch is Loo  ( 38 min )
    It is unwise to let the Germans buy one of Britain’s last investment banks
    Its shares have collapsed by more than 90pc over the last decade, it has been through a string of scandals, paying out billions in fines, and it chews up chief executives even faster than the UK gets through Prime Ministers.  ( 41 min )
    Consumer Spending Is on a Tear. It Drove the Economy in the First Quarter.
    Consumption growth of 3.7% offset declines elsewhere, according to GDP report. Plus, investment newsletter commentary on CRE distress, gold’s bull run, and broker/dealer stocks.  ( 22 min )
    Frustration grows over wait on OxyContin maker's settlement
    More than a year after OxyContin maker Purdue Pharma reached a tentative settlement over the toll of opioids that was accepted nearly universally by the groups suing the company — including thousands of people injured by the drug — money is still not rolling out. Parties waiting to finalize the deal are waiting for a court to rule on the legality of a key detail: whether members of the Sackler family who own the company can be protected from lawsuits over OxyContin in exchange for handing over up to $6 billion in cash over time plus the company itself. Lawyers on multiple sides of the case, including those representing Purdue, asked the 2nd U.S. Circuit Court of Appeals in New York to issue a ruling or provide an update soon, saying the efforts to use the funds to fight the opioid crisis can't begin until the money can start to flow.  ( 39 min )
    Here are the 4 issues that will determine the future of the global economy, according to Mohamed El-Erian
    Markets have been on a rollercoaster ride and uncertainties around the global economy are mounting. Here's what El-Erian sees ahead.  ( 38 min )
    JPMorgan, PNC Bid to Buy First Republic as Part of FDIC Takeover
    Big banks including JPMorgan Chase and PNC Financial Services Group are vying to buy First Republic Bank in a deal that would follow a government seizure of the troubled lender.  ( 28 min )
    First Republic’s Fate Uncertain After Stock’s Harrowing Drop
    (Bloomberg) -- First Republic Bank’s week of harrowing stock drops and urgent work toward a deal to shore up its balance sheet ended with the lender’s fate in limbo.Most Read from BloombergHarley-Davidson Says Repo Shortage Is Fueling Credit LossesFed’s Jerome Powell Tricked by Russian Pranksters Posing as ZelenskiyStrong Earnings Lift Stocks as Bank Concerns Loom: Markets WrapFed Seeks Stronger Bank Rules While Detailing Oversight LapsesFugitive CEO Ordered to Pay $3.4 Billion in Record Fraud C  ( 40 min )
    Federal judge presiding over Disney's lawsuit against Gov. DeSantis recuses himself
    A Florida federal judge presiding over Disney's lawsuit against Gov. Ron DeSantis is recusing himself from the case due to a conflict of interest.  ( 38 min )
    Sell the S&P 500 above this key level as earnings defy expectations but 'economic ambiguity' persists, Bank of America says
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    TJX Was Already a Retail Winner. Bed Bath & Beyond’s Bankruptcy Now Plays to Its Strengths.
    The off-price retail giant is well positioned to pick up a portion of former Bed Bath customers, and may profit from buying deeply discounted merchandise in the event of a liquidation.  ( 23 min )
    Tesla Pricing Concerns Drive Rash of Downgrades
    Analysts initially applauded the initial Tesla price cuts. But as the cutting continued, the downgrades piled up. This past week, Jefferies turned negative, the seventh downgrade of the stock.  ( 22 min )
  • Open

    Trends in the Digital Advertising Industry
    The rapidly expanding digital advertising industry is leading a shift towards content and demanding forced innovation.  ( 20 min )
    Buying a House With a Friend as an Investment: 5 Common Issues
    Buying and maintaining an investment property has several advantages, but you should know what the challenges might be before you purchase a rental house with a pal.  ( 22 min )
    When to Buy a Home Based on Mortgage Rates
    The mortgage rate and the price of a home can make a big difference in monthly payments, your ability to move, and homeowners’ association fees if they're charged.  ( 24 min )
    JPMorgan, PNC In Fray For First Republic As FDIC Calls For Bids, Report
    The Federal Deposit and Insurance Commission wants to receive all bids for First Republic by Sunday with JPMorgan and PNC said to be leading the chase.  ( 18 min )
    Buying a House With Cash vs. Getting a Mortgage
    There's a lot to consider when contemplating paying cash for a home versus financing it with a mortgage. Here are some of the major differences.  ( 25 min )
    7 Social Security Changes for 2023
    The Social Security Administration (SSA) announces every October changes to the Social Security program for the following year, including cost-of-living adjustments (COLA) and more.  ( 26 min )
    Beat of the Week: Mobileye Plunges as Weak Outlook Offsets Earnings Surprise
    Mobileye shares fell steeply this week after the autonomous vehicle chipmaker cut its full-year guidance, citing weakness in China’s electric vehicle (EV) market.  ( 16 min )
  • Open

    Na Transavia annuleert ook RyanAir vluchten van en naar Eindhoven Airport
    RyanAir annuleert komende zondag en maandag zes vluchten van en naar Eindhoven Airport. Transavia schrapte eerder zeker twintig vluchten in de meivakantie waardoor duizenden vakantiegangers werden gedupeerd.  ( 3 min )
    Oekraïens graan mag weer door buurlanden worden vervoerd
    De Europese Commissie en een vijftal oostelijke lidstaten hebben een akkoord bereikt over de import van Oekraïens graan naar de Europese Unie. In Polen, Hongarije, Slowakije, Bulgarije en Roemenië leidde het Oekraïense graan tot gemor onder boeren.  ( 3 min )
    Nieuwe cryptoregels moeten manipulatie en nieuwe FTX-debacles voorkomen
    Brussel heeft nieuwe regels afgesproken voor de handel in digitale valuta. Zo moeten bedrijven duidelijker zijn over de risico's voor beleggers en moeten ze een vergunning aanvragen. Ook wordt handel met voorkennis verboden. Toch is er ook kritiek.  ( 6 min )
    Eindsprint naar de belastingaangifte of toch voor 1 mei uitstel aanvragen?
    Een recordaantal Nederlanders gaat dit jaar belastingaangifte doen. Dat moet in principe voor 1 mei. Wel kun je net als twee miljoen anderen uitstel aanvragen. Een hoge boete krijg je niet gauw als je te laat bent, maar mogelijk moet je wel rente betalen.  ( 6 min )
  • Open

    5 Things to Know Before Markets Open
    Shares of Amazon dipped in extended trading on worries about growth in its cloud computing business. Here’s what investors need to know today.  ( 1 min )
    Markets End the Day, Week, and Month Higher
    U.S. equities closed out the day, week, and month with gains on April 28. 2023, boosted by solid earnings reports.  ( 1 min )

  • Open

    Will the Fed or Inflation Pivot First? Markets Have Placed Their Bet.
    Federal Reserve officials have indicated they expect interest rates to stay elevated through year end. That’s not what the stock market expects.  ( 22 min )
    Many Stocks Look Attractive. The Stock Market Doesn’t.
    A sideways market should favor individual issues, not index funds. Look for companies with expanding margins, competitive moats.  ( 22 min )
    OpenAI closes $300M share sale at $27B-29B valuation
    OpenAI, the startup behind the widely used conversational AI model ChatGPT, has picked up new backers, TechCrunch has learned. VC firms including Tiger Global, Sequoia Capital, Andreessen Horowitz, Thrive and K2 Global picking up new shares, according to documents seen by TechCrunch. A source tells us Founders Fund is also investing.  ( 40 min )
    Artificial Intelligence Is Driving the Stock Market. It Has Some Advice for You.
    Artificial intelligence like Microsoft-powered ChatGPT is a primary reason stocks up this year. As a result, stock market is being powered by the narrowest stock leadership since the 1990s.  ( 23 min )
    Market Rally Shakeout May Be Bullish Signal; FDIC Set To Take Over First Republic
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    Nouriel Roubini says a hard-landing recession or entrenched inflation are the only 2 possible outcomes as the Fed battles a 'trilemma'
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    What is the Federal Reserve's 2023 meeting schedule? Here is when the Fed will meet again.
    The Federal Reserve's next meeting begins May 2 and its decision on rate hikes is due on May 3. Here are the other Fed Meetings in 2023  ( 38 min )
    Top CD Rates Today, April 28
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 18 min )
    Gary Gensler Says SEC Believes Ethereum Is Not a Security—At MIT in 2018
    The SEC had a very different take on the second biggest cryptocurrency back in 2018, according to Gary Gensler.  ( 39 min )
    Nearly three-quarters of millennials live paycheck to paycheck
    Hefty debt and caring for loved ones are weighing on the nation's largest population group, according to a new poll.  ( 37 min )
    Why J&J’s Kenvue Spinoff Is Just What the IPO Doctor Ordered
    The consumer health company features a range of leading brands, a relatively cheap valuation, a solid balance sheet, consistent earnings, and a healthy dividend yield. It’s no tech unicorn, a good thing in 2023.  ( 22 min )
    On Thursday, Lyft’s new CEO laid off over 1,000 employees. On Friday he ordered remaining ones back to the office
    Lyft proudly announced just a year ago that employees could “work from the office, at home, or any combination of the two.”  ( 39 min )
    Jamie Dimon says he understands workers’ threats to not return to the office, but ‘they can not do it elsewhere’
    The bank’s pro-office memo was instantly ripped apart by workers calling it “tone deaf” and “divisive.”  ( 41 min )
    Chevron, Exxon Mobil Financials Reports Highlight 2023 Uncertainty Over $70 Oil Prices
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    Stocks rally to cap weekly gains as Amazon sinks, First Republic collapses
    A busy week of tech earnings was capped by a market rally as all three major indexes logged gains for the week.  ( 38 min )
    Interest Rate for Series I Savings Bonds Falls to 4.3%: Here's What it Means
    Gone are the days of series I savings bonds paying almost 7% in interest. The U.S. Treasury announced Friday that the inflation-protected bonds would start paying investors 4.3% on May 1, down from the 6.89% that they've paid out over … Continue reading → The post Interest Rate for Series I Savings Bonds Falls to 4.3%: Here's What it Means appeared first on SmartAsset Blog.  ( 39 min )
    'An Anvil, Not A Shoe': Elon Musk Warns Of A Crushing Blow To Commercial Real Estate — Here Are The Companies Set To Benefit From The Market Collapse
    From artificial intelligence to extraterrestrial life, Tesla Inc. CEO Elon Musk discussed a wide range of topics during his Fox News interview with Tucker Carlson. He also touched on commercial real estate — and the message is pretty dire. “We really haven’t seen the commercial real estate shoe drop. That’s more like an anvil, not a shoe,” Musk said. “So the stuff we’ve seen thus far actually hasn’t even – it’s only slightly real estate portfolio degradation. But that will become a very serious  ( 39 min )
    Return on I Bonds Drops to 4.3%, but They May Now Be a Better Long-Term Investment
    The fixed-rate portion of the I bonds rises to 0.9%, up from 0.4%.  ( 27 min )
    Apple Rising As Investors Bet On A Sunny March-Quarter Report
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    How To Use AI To Invest
    While society is still trying to understand artificial intelligence (AI) and its capabilities, investors are looking for ways to use technology as a means to build wealth. Top hedge fund managers, high-profile investors, and investment firms are increasingly turning to AI for assistance in high-frequency trading, historical analysis, as well as algorithmic trading. By outsourcing much of the drudgery associated with finding and analyzing vast amounts of data, investors are able to work more effi  ( 39 min )
    Ousted NBC Executive Jeff Shell Loses $43.3 Million After For-Cause Firing
    Comcast says his stock options and grants were forfeited upon his termination.  ( 26 min )
    Amazon Earnings Are a Bad Omen for Big Tech Stocks. Here’s Why.
    Eventually investors have to face reality: There are downsides to cutting costs and laying off staff.  ( 23 min )
    Keep on Buying Nvidia Stock Ahead of Earnings, Says Morgan Stanley
    Nvidia (NASDA:NVDA) has been on a remarkable run this year, with its shares surging by an impressive 89% year-to-date. The chip giant’s success can largely be attributed to this year’s hottest trend: Generative AI. The company is widely recognized as a leader in the field and seen as one set to benefit from increased adoption of the tech. In fact, with a view to next month’s F1Q earnings (May 24), Morgan Stanley analyst Joseph Moore thinks all the hoopla around AI should result in a strong repor  ( 39 min )
    What a Fed Rate Hike Could Mean for Your Deposit Accounts
    The Federal Reserve is poised to deliver what's expected to be another small rate increase Wednesday. Here's what that could mean for your savings and your debts.  ( 20 min )
    W.P. Carey Q1 Revenues Jump 23%; Affirms 2023 AFFO Guidance Range
    W.P. Carey Inc (NYSE: WPC) reported Q1 2023 revenue (including reimbursable costs) increase of 22.8% Y/Y to $427.8 million, beating the consensus of $406.24 million. Real Estate revenues (including reimbursable costs) rose 24.2% Y/Y to $427.4 million on higher lease and operating property revenues. Adjusted funds from operations (AFFO) declined 3.0% Y/Y to $1.31 per share due to lower Investment Management earnings. The company witnessed an investment volume of $177.8 million in Q1 and $565.7 mi  ( 38 min )
    The world's 12 wealthiest people got richer by $36 billion in a day - and have now gained $264 billion in net worth this year
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    Stock Market Splits Between Winners And Losers; Cloud Stock Triggers Sell Signal
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    U.S. Bancorp’s Newest Director, Alan Colberg, Bought Stock
    U.S. Bancorp stock continues sliding, and Alan Colberg, the regional bank’s newest director, scooped up shares.  ( 22 min )
    China Ratchets Up Pressure on Foreign Companies
    Surprise visits, probes and detentions come just months after Beijing’s open-for-business message to global investors.  ( 27 min )
    This REIT Just Bought $25 Million Of Quality Properties
    Have you ever driven by one of those highway signs advertising the Powerball lottery and just for a moment fantasized about what you could buy if you won $25 million? Most people will never have a real opportunity to do that, except of course for those few moments on the highway when one may dream a little as they pass the sign. But many real estate investment trusts (REITs) with huge lines of credit can buy up lots of properties for millions of dollars. One in particular has been on a huge spen  ( 40 min )
    How Activist Investors Target Companies in a Choppy Market
    A new Goldman Sachs report identifies 116 companies vulnerable to activist action, including Best Buy, Robinhood Markets, and 3M.  ( 22 min )
    What's Going On With Vanguard S&P 500 ETF Today
    Vanguard S&P 500 ETF (NYSE: VOO) is trading higher today. The ETF has the highest exposure to Apple Inc (NASDAQ: AAPL), followed by Microsoft Corp (NASDAQ: MSFT). It has an exposure of ~14% in the stocks combined. It has an exposure of close to 3% in Amazon.Com Inc (NASDAQ: AMZN), its third largest holding after Apple and Microsoft. The ETF has the highest exposure to the technology sector at 27%. VOO saw a net AUM outflow of $(5.08) billion in the last five days versus an inflow of $12.37 billi  ( 39 min )
    Air Travel Is Booming. 2 Stocks to Buy That Aren’t Airlines.
    Air-travel demand is back with a vengeance, but so are operators’ costs. And all that demand doesn’t mean as much if airlines don’t have the capacity to put butts in seats.  ( 22 min )
    First Republic Bank stock plunges to record low as rescue plan proves elusive
    First Republic Bank plunged to a record low as investors sorted through rescue scenarios, none of which is likely to be good for current shareholders.  ( 39 min )
    Fed and FDIC: We weren't 'forceful' enough before SVB and Signature failures
    The assessments of the failures of Silicon Valley Bank and Signature Bank split blame between bank management, missteps of supervisors and weakened bank regulations  ( 41 min )
    Cloudflare Stock Sinks on Guidance Cut. One Analyst Expects Another.
    The internet infrastructure company has struggled lately, falling about 48% over the last 12 months.  ( 22 min )
    Intel CEO: Investors are seeing ‘green shoots’ in the turnaround story
    Intel CEO Pat Gelsinger signals the worst for his business may be in the rearview mirror.  ( 40 min )
    Why Gilead Sciences Stock Is Falling Today
    Gilead Sciences Inc (NASDAQ: GILD) reported Q1 FY23 sales decreased 4% Y/Y to $6.35 billion, slightly above the consensus of $6.33 billion, due to lower Veklury (remdesivir) sales, partially offset by increased sales in HIV and Oncology. "Biktarvy outperformed once again, and Oncology revenue increased 59% year-over-year, driven by Trodelvy and Cell Therapy," said Daniel O'Day, Gilead's Chairman & CEO. Product sales decreased by 3% to $6.3 billion; excluding Veklury, product sales increased 15%  ( 38 min )
    Bailout for First Republic? US Officials In Discussion For Bank's Rescue: Report
    First Republic Bank (NYSE: FRC) is under the government's scanner for rescue as the private sector delays settlements. "U.S. officials are coordinating urgent talks to rescue FRC, as private-sector efforts led by the bank's advisers have yet to reach a deal," reported Reuters, citing sources familiar with the situation. Recently, FRC announced a decline in deposits and revenue for the first quarter and said it would reduce its workforce by 20-25%. Also Read: First Republic Bank Shares Sink Anoth  ( 38 min )
    Ex-Apple employee sentenced to three years in prison after $17 million fraud scheme
    A judge ordered Dhirendra Prasad to pay Apple back in full and to give the IRS $1.9 million.  ( 37 min )
    The $100 billion meltdown of First Republic could play out 3 ways—and 2 are terrible for shareholders
    The once high-flying bank has seen shareholders flee as concern mounts that the FDIC may have to step in.  ( 43 min )
    Intel Faces a Long Climb Back from the Bottom
    The downtrodden stock jumps on better-than-feared results, but lots of work lies ahead.  ( 28 min )
    Treasury Lowers Rate on Series I Savings Bonds to 4.3%. There’s a Sweetener.
    The new rate, applying for the next six months, is 4.3%, down from 6.89%, due to lower inflation.  ( 22 min )
    First Republic Sinks 50% Triggering Multiple Trading Halts
    (Bloomberg) -- First Republic Bank shares were halted repeatedly after dropping as much as 35% following a report from CNBC that the most likely outcome of rescue talks is for the Federal Deposit Insurance Corp. to take the lender into receivership.Most Read from BloombergHarley-Davidson Says Repo Shortage Is Fueling Credit LossesFed’s Jerome Powell Tricked by Russian Pranksters Posing as ZelenskiyFugitive CEO Ordered to Pay $3.4 Billion in Record Fraud Case Involving BitcoinTesla Drops Model Y  ( 37 min )
    Pioneer’s Incoming CEO Sees Chance of Oil Hitting $100 This Year
    (Bloomberg) -- Oil demand will continue to increase, helping send crude prices to $80 to $100 a barrel later this year, according to the incoming chief executive officer of Pioneer Natural Resources Co.Most Read from BloombergHarley-Davidson Says Repo Shortage Is Fueling Credit LossesFirst Republic’s Fate Uncertain After Stock’s Harrowing DropFDIC Asks JPMorgan, PNC for Final First Republic Bids Due SundayFed Seeks Stronger Bank Rules While Detailing Oversight LapsesEurope Is Waking Up to Threat  ( 38 min )
    First Republic Crashes As FDIC Receivership Seen Likely; Why Other Bank Stocks Are Unfazed
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    Joe Biden has created a slow motion bank crisis
    From First Republic to Fallen Republic in a matter of weeks – no one said running a bank during a period of massive economic turmoil was easy.  ( 40 min )
    AAPL Stock Ramps Higher Ahead Of Quarterly Results. Wall Street Eyes Reports From DraftKings, Arista Networks
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    Student loan borrowers get more clarity on Biden’s plan to adjust payment history
    Around 3.6 million borrowers will receive at least three years of credit toward loan discharge as a result of the adjustment.  ( 41 min )
    Ask an Advisor: ‘I'm Strictly Into Bonds' and Afraid of the Stock Market. Is This a Strategy I Should Stick With?
    I'm afraid of the stock market. With my first investment, I lost 60% of my money. So I'm strictly into bonds. With interest rates low, what's your advice? Should I stay or try something else? -Jerold It's reasonable to be … Continue reading → The post Ask an Advisor: ‘I'm Strictly Into Bonds' and Afraid of the Stock Market. Is This a Strategy I Should Stick With? appeared first on SmartAsset Blog.  ( 40 min )
    Dow Jones Gets Love Despite Amazon Belly Flop; Intel Breaks Out On 287% Growth Forecast
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    Argentina Cracks as Peso Plunge Raises Risk of Messy Devaluation
    (Bloomberg) -- Argentina is moving closer to a breaking point as the government’s desperate measures fail to halt a plunge in the peso, raising the risk of a currency devaluation that President Alberto Fernandez pledged would never happen.Most Read from BloombergFed’s Jerome Powell Tricked by Russian Pranksters Posing as ZelenskiyFugitive CEO Ordered to Pay $3.4 Billion in Record Fraud Case Involving BitcoinHarley-Davidson Says Repo Shortage Is Fueling Credit LossesTesla Drops Model Y Starting P  ( 41 min )
    Stocks reverse losses in week's final trading session: Stock market news today
    Stocks opened lower on Friday as tech earnings from Amazon and Snap suggested a more tepid environment than what giants like Microsoft, Meta Platforms, and Alphabet told investors earlier this week.  ( 38 min )
    Jamie Dimon's 'tone deaf' return to office mandate is getting pushback from JPMorgan staffers, who are complaining about being stuck on Zoom calls even while in the office: Reuters
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    Seeking at Least 7% Dividend Yield? Barclays Suggests 2 Dividend Stocks to Buy
    The global economy has been sending mixed signals recently. On one hand, the US inflation rate dropped to 5% in March, marking its lowest point since May 2021, and China has shifted its strategy away from strict zero-COVID policies. Moreover, the world’s supply chains have managed to adjust to the impact of Russia’s invasion of Ukraine. On the other hand, interest rates remain high, and there are concerns about the possibility of a recession. In addition, the US banking sector is still feeling t  ( 42 min )
    US Stocks Drop as Inflation Data Cements Fed Hike: Markets Wrap
    (Bloomberg) -- US equity futures fell with stocks, as a rally in tech stocks lost steam and persistent inflationary pressures cemented expectations of further interest rate hikes in the US and Europe. Treasuries advanced.Most Read from BloombergFed’s Jerome Powell Tricked by Russian Pranksters Posing as ZelenskiyFugitive CEO Ordered to Pay $3.4 Billion in Record Fraud Case Involving BitcoinHarley-Davidson Says Repo Shortage Is Fueling Credit LossesTesla Drops Model Y Starting Price Below the Ave  ( 40 min )
    What Will It Take to Resolve the Debt-Ceiling Standoff? A Stock Market Plunge.
    Fears of a default already have been felt in the market for what’s supposed to be the safest investment on the planet: U.S. Treasury bills.  ( 23 min )
    Rivian Finally Didn’t Blow Up an Amazon Quarter. It Was the Cloud This Time.
    Investors in the online retailer have had to deal with maddening swings in reported income because of volatility in Rivian stock.  ( 22 min )
    3 REITs That Just Walloped Analysts' Earnings Estimates
    The performance of a stock is often a direct result of the earnings announced each quarter. It’s not uncommon to see a stock rise or fall by several percent immediately after quarterly earnings are reported, and the rally or decline may continue for days or even weeks thereafter. Investors consider several factors, including whether the earnings beat the analyst estimates but also how the earnings compared to the year-over-year quarterly earnings. Even if the earnings exceed analysts’ expectatio  ( 40 min )
    Exxon Has 40 Billion Reasons to Go Shopping
    A gusher of cash and a richly priced stock could steer the supermajor toward a deal.  ( 26 min )
    Ask an Advisor: I'm 63, Have No Retirement Savings and Will Rely on Social Security. How Do I Begin Saving? Is It Too Late to Start Investing ‘This Late in the Game'?
    I'm 63 and have zero retirement, just Social Security benefits. How can I begin saving? And where can I begin investing this late in the game? -Rita Saving for retirement is certainly easier and has a greater impact on you … Continue reading → The post Ask an Advisor: I'm 63, Have No Retirement Savings and Will Rely on Social Security. How Do I Begin Saving? Is It Too Late to Start Investing ‘This Late in the Game'? appeared first on SmartAsset Blog.  ( 41 min )
    5 Retirement Withdrawal Mistakes That Could Wreck Your Finances
    When it comes time to start taking your retirement income, you'll hopefully have an array of options available to you. Just be sure to avoid these mistakes.  ( 39 min )
    A $300,000 Annuity Pays This Much Monthly
    When you need another stream of income for retirement, you might consider an annuity. You purchase the annuity from an insurance company and receive payments back at a later date. Before buying an annuity, it's important to consider how much … Continue reading → The post How Much Does a $300,000 Annuity Pay Per Month? appeared first on SmartAsset Blog.  ( 41 min )
    Retirees in these U.S. Cities Rely The Most on Social Security
    When inflation surges and cash loses its purchasing power, retirees' hard-earned savings suddenly don't go as far as they expected. Inflation may also lead to widespread salary increases, but retirees typically don't benefit from wage growth because they've already left … Continue reading → The post How Important Is Social Security to Retirees in U.S. Cities? 2023 Study appeared first on SmartAsset Blog.  ( 41 min )
    In Case You Missed It: Your Required Minimum Distributions (RMDs) Are Officially Pushed Back
    The SECURE 2.0 Act, signed by President Biden in December 2022, includes dozens of changes to provisions related to tax-advantaged retirement accounts. Among the most important changes is a provision, which took effect Jan. 1 of this year, that delays … Continue reading → The post Your Required Minimum Distributions (RMDs) Have Officially Been Pushed Back appeared first on SmartAsset Blog.  ( 39 min )
    The Average Retirement Income in the U.S.
    Wondering how your retirement savings stack up to other Americans' nest eggs? Or whether your income in your post-work years will be enough to keep you afloat? It's normal to be curious about the average retirement income in the U.S. … Continue reading → The post What Is the Average Retirement Income? appeared first on SmartAsset Blog.  ( 40 min )
    World's No. 3 Gold Miner Beats Q1 Expectations. Gold Stock Nears Key Level.
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    Exxon, Chevron Profits Are Booming as If Oil Was $145 a Barrel
    (Bloomberg) -- Exxon Mobil Corp. and Chevron Corp. are reaping profits not seen since oil topped $145 a barrel in 2008 — almost twice the current price.Most Read from BloombergFed’s Jerome Powell Tricked by Russian Pranksters Posing as ZelenskiyFugitive CEO Ordered to Pay $3.4 Billion in Record Fraud Case Involving BitcoinHarley-Davidson Says Repo Shortage Is Fueling Credit LossesTesla Drops Model Y Starting Price Below the Average US VehicleAmazon Jolts Investors With Talk of Cloud Growth Slowd  ( 39 min )
    Dow Jones Futures Fall After Key Inflation Data. Amazon Drops, While First Solar Plunges On Earnings Miss.
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    Mondelez International Posts Sweet Earnings Beat; MDLZ Stock Runs On A Sugar High
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    A key inflation gauge tracked by Fed remained high in March
    A key index of underlying inflation that is closely followed by the Federal Reserve remained elevated last month, keeping the Fed on track to raise interest rates next week for the 10th time since March of last year. The index, which excludes volatile food and energy costs to capture “core” prices, rose 0.3% from February to March and 4.6% from a year earlier — still far above the Fed’s 2% target rate. The government also reported that consumer spending was unchanged from February to March after a tiny gain of 0.1% the previous month, a sign consumers are getting more cautious amid high inflation and interest rates.  ( 39 min )
    Caterpillar headquarters relocation to Irving landmark tower 'in the best strategic interest of the company,' CEO says
    Caterpillar Inc., the Fortune 500 maker of the familiar yellow heavy-duty construction and industrial equipment, relocated its global headquarters to Irving in 2022, continuing a long pattern of corporate migration to North Texas.  ( 17 min )
    Pfizer Q1 Earnings Likely Declined 41%
    Pfizer reports its first-quarter earnings next week and is expected to show a decline in key metrics as demand for vaccines and products related to COVID-19 sharply slows down.  ( 18 min )
    Cathie Wood Gets Crushed By An Investment That Costs 73% Less
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    Chevron and Exxon Beat Expectations. Lower Oil Prices Could Still Hold Them Back.
    Chevron and Exxon reported impressive earnings, driven by Russia's war in Ukraine. Investors are looking for the next catalyst.  ( 23 min )
    Chevron And Exxon Mobil Beat Earnings Estimates Even As Revenue Slips From 2022 Levels
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    Short Sellers Bet Against Blackstone and Starwood Mortgage REITs
    (Bloomberg) -- Short sellers have ramped up bets against commercial mortgage REITs, wagering that more borrowers will default on office debt as interest costs increase and property values fall.Most Read from BloombergFed’s Jerome Powell Tricked by Russian Pranksters Posing as ZelenskiyFugitive CEO Ordered to Pay $3.4 Billion in Record Fraud Case Involving BitcoinHarley-Davidson Says Repo Shortage Is Fueling Credit LossesTesla Drops Model Y Starting Price Below the Average US VehicleAmazon Jolts  ( 40 min )
    Buy Berkshire Stock Ahead of Its Annual Meeting. Warren Buffett Still Has What It Takes.
    As some 30,000 Berkshire Hathaway investors prepare to gather in Omaha for the company’s annual meeting, there is plenty of reason for enthusiasm—and not just because CEO Warren Buffett seems as sharp as ever at 92.  ( 22 min )
    Amazon’s Cloud Outlook Panicked Investors. Don’t Overreact, Analysts Say.
    Amazon's mention of slowing revenue growth in its Amazon Web Services unit hit shares hard but analysts see reason to be positive.  ( 22 min )
    First Republic’s $21 Billion Rout Puts S&P Status in Question
    (Bloomberg) -- First Republic Bank’s membership in the S&P 500 Index could be in jeopardy after the troubled bank’s stock set a new all-time low on Wednesday that briefly pushed its market capitalization below $1 billion. Most Read from BloombergFed’s Jerome Powell Tricked by Russian Pranksters Posing as ZelenskiyFugitive CEO Ordered to Pay $3.4 Billion in Record Fraud Case Involving BitcoinHarley-Davidson Says Repo Shortage Is Fueling Credit LossesTesla Drops Model Y Starting Price Below the Av  ( 39 min )
    Exxon Mobil Beats Earnings Expectations. The Stock Rises.
    The company's adjusted earnings were $2.83 a share, compared with a consensus of $2.60 on FactSet.  ( 22 min )
    Uber’s First-Quarter Revenues were Likely Boosted by a High Take Rate
    Uber Technologies, one of the world’s biggest ride-sharing companies, will likely report a narrow net loss in the first quarter on solid revenue gains boosted by a high take rate.  ( 19 min )
    First Republic Shares Gain on Reports of Potential Rescue Plans
    (Bloomberg) -- Shares of First Republic Bank rose in pre-market trading as the US banking industry and regulators hash out possible paths forward for the troubled regional lender.Most Read from BloombergFed’s Jerome Powell Tricked by Russian Pranksters Posing as ZelenskiyFugitive CEO Ordered to Pay $3.4 Billion in Record Fraud Case Involving BitcoinTesla Drops Model Y Starting Price Below the Average US VehicleHarley-Davidson Says Repo Shortage Is Fueling Credit LossesUS Economic Growth Slows to  ( 38 min )
    First Republic is suddenly in big trouble—but the structural issues date back when CEO Mike Roffler was CFO
    It was more than the SVB bank run that put First Republic in a vulnerable position, an analyst says.  ( 41 min )
    Exxon, Chevron Profits Are Robust Even as Oil Prices Drop
    Exxon Mobil and Chevron collectively posted $18 billion in quarter profits, showing resilience even as oil and natural-gas prices declined.  ( 27 min )
    AMD Net Income Could Plunge 83% On Weak Semiconductor Sales, Faltering Data Center Revenue
    AMD is expected to report a 10% decline in revenue and an 83% plunge in net income as semiconductor sales fall and data center revenue growth slows.  ( 19 min )
    First Republic Bank Faces a Critical Weekend. What to Expect.
    Amazon hit by outlook for cloud business, House investigating SVB collapse, and other news to start your day.  ( 23 min )
    Exxon Blows Out Expectations as Oil Output Climbs From New Wells
    (Bloomberg) -- Exxon Mobil Corp. posted its strongest-ever start to a year as oil production soars from new wells in the US and off the coast of South America.Most Read from BloombergFed’s Jerome Powell Tricked by Russian Pranksters Posing as ZelenskiyFugitive CEO Ordered to Pay $3.4 Billion in Record Fraud Case Involving BitcoinTesla Drops Model Y Starting Price Below the Average US VehicleHarley-Davidson Says Repo Shortage Is Fueling Credit LossesUS Economic Growth Slows to 1.1% While Inflatio  ( 39 min )
    MicroStrategy in Unique Position to Benefit From Rising Bitcoin Price: Berenberg
    The bank initiated coverage of the stock with a buy rating and a $430 price target, implying 40% potential upside.  ( 38 min )
    Stocks Fall Ahead of Inflation Data
    U.S. stock futures fell early Friday as investors digested disappointing tech earnings and looked ahead to the Federal Reserve’s preferred inflation metric later in the day. Futures on the Dow Jones Industrial Average slipped 0.5%, or 163 points, lower ahead of the open, while S&P 500 futures were  ( 26 min )
    Snap Shares Set for Biggest Drop in Six Months After Sales Fall
    (Bloomberg) -- Snap Inc. is set for its biggest intraday share drop in more than six months after reporting a decline in quarterly revenue following major changes to its advertising tools. Most Read from BloombergFed’s Jerome Powell Tricked by Russian Pranksters Posing as ZelenskiyFugitive CEO Ordered to Pay $3.4 Billion in Record Fraud Case Involving BitcoinTesla Drops Model Y Starting Price Below the Average US VehicleHarley-Davidson Says Repo Shortage Is Fueling Credit LossesUS Economic Growt  ( 39 min )
    First Republic Stock Is Rising Amid Report of Rescue. Other Regionals Edge Down.
    Officials from the U.S. government, Federal Reserve, and Federal Deposit Insurance Corporation are coordinating meetings to provide a lifeline to the bank, according to a report.  ( 22 min )
    Intel’s Numbers Are Good. Why Analysts Still Aren’t Convinced.
    The chip company's first-quarter earnings beat expectations, but market watchers want more.  ( 22 min )
    Sony Casts Doubt on PlayStation Momentum With Cagey Outlook
    (Bloomberg) -- Sony Group Corp. offered a worse-than-expected profit outlook for the current fiscal year, signaling caution about the impact of the global consumer spending slump on its entertainment businesses.Most Read from BloombergFed’s Jerome Powell Tricked by Russian Pranksters Posing as ZelenskiyTesla Drops Model Y Starting Price Below the Average US VehicleFugitive CEO Ordered to Pay $3.4 Billion in Record Fraud Case Involving BitcoinUS Economic Growth Slows to 1.1% While Inflation Accel  ( 39 min )
    5 Dividend Growth Stocks for a Slowing Economy
    Companies expected to raise their dividends at a double-digit pace could be sturdy stocks in a slowing economy. Here are five name to consider.  ( 22 min )
    Walmart’s Chicago Store Closures Weren’t a Fluke: Why Retailing in Cities Is So Hard
    Big-box retailers spent the better part of the 2010s trying to enter urban markets. The economics can make it hard for them to stay there.  ( 22 min )
  • Open

    The Road to Creating an IPO
    Through an initial public offering (IPO), a company raises capital by issuing shares of stock, or equity, in a public market.  ( 27 min )
    Markets End the Day, Week, and Month Higher
    U.S. equities closed out the day, week, and month with gains on April 28. 2023, boosted by solid earnings reports.  ( 16 min )
    Top CD Rates Today, April 28
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 17 min )
    How to Choose Homeowners Insurance
    Choosing homeowners insurance is easy as long as you know what you need, the options available, how to save money, and the best home insurance companies to choose from.  ( 21 min )
    What to Expect in the Markets Next Week
    Coming up next week: more earnings, jobs reports, May FOMC meeting, Berkshire Hathaway's annual shareholder meeting  ( 20 min )
    How to Get Pre-Approved for a Car Loan
    Auto loans are large, long-term loans that can cost a lot of money. Learn how to shop around for the best rates by getting pre-approved from multiple lenders.  ( 21 min )
    What Advisors Can Learn From Ultra-Wealthy Clients
    The demands of bellwether ultra-wealthy clients are changing. Here's what to expect and how to adjust your practices.  ( 30 min )
    Citibank CD Rates: April 2023
    CDs can be a great tool for a temporary conservative investment, but rates vary widely. Citibank has a variety of CD options, some with competitive rates.  ( 19 min )
    Edward Jones CD Rates in 2023
    Certificates of deposit (CDs) can be a great, conservative way to invest your money. Edward Jones is worth considering for its competitive CD rates at a variety of term lengths.  ( 19 min )
    COBRA Insurance Cost
    If you leave your job, COBRA lets you extend your group health insurance but costs tend to be high. Here’s what you can expect to pay and COBRA alternatives.  ( 23 min )
    Today's Mortgage Rates & Trends - April 28, 2023: Rates Jump
    Mortgage interest rate movement was pronounced on Thursday with all but one rate term increasing by double digits. The flagship 30-year mortgage rate is once again flirting with the 7% threshold breached earlier in April.  ( 19 min )
    How to Open a Kids Bank Account
    A kids bank account can be a great tool to help you teach early financial literacy concepts to the young children in your life.  ( 23 min )
    How to Get an Auto Equity Loan
    Learn the steps you need to take to compare lenders, qualify, and get the best rates and terms with an auto equity loan.  ( 23 min )
    Recourse vs. Non-Recourse Loan: What's the Difference?
    The difference between a recourse and a non-recourse loan is relevant only if the borrower defaults on the payments.  ( 23 min )
    Unemployment Rate by State
    Unemployment can vary wildly depending on where you live. Fortunately, the state unemployment rate at least makes it easy to find out.  ( 47 min )
    FDIC Says Signature Bank Failed Because of Illiquidity, Poor Management
    The Federal Deposit and Insurance Corp. released a report detailing its supervision of the failed Signature Bank. Regulators cited "bad management" as the cause of the bank's demise.  ( 18 min )
    How to Get Health Insurance After Open Enrollment
    Maintaining health insurance is essential to protecting your health and finances. If you missed open enrollment, you can still get coverage. Here’s how.  ( 22 min )
    Original Medicare vs. Medicare Advantage
    Whether you stay with Original Medicare or choose a Medicare Advantage plan depends on how much you value flexibility versus cost and other factors.  ( 22 min )
    Balloon Loan: What It Is, How It Works, and Pros & Cons
    A balloon loan is a loan with low monthly payments, followed by a large final payment to repay the remaining balance at the end of the term.  ( 23 min )
    Variable vs. Fixed Rate
    Interest on variable interest rate loans move with market rates; interest on fixed rate loans will remain the same for that loan's entire term.  ( 24 min )
    What a Fed Rate Hike Could Mean for Your Deposit Accounts
    The Federal Reserve is poised to deliver what's expected to be another small rate increase Wednesday. Here's what that could mean for your savings and your debts.  ( 19 min )
    When Should You Get Supplemental Life Insurance?
    For individuals with larger families, supplemental life insurance may bridge the shortfall in coverage from term or whole-life policies.  ( 22 min )
    Passive Income vs. Residual Income: What's the Difference?
    Passive income is earned with little to no effort whereas residual income is passive income with different meanings depending on the context.  ( 22 min )
    The Best 20-Year Mortgage Rates for 2023
    The right mortgage can make your dream of owning a home a reality. We researched and reviewed the best 20-year mortgage rates, all collected here.  ( 24 min )
    Zero-Interest Loans: Why You Should Beware
    Zero-interest loans are not always the no-loss deal they seem to be.  ( 20 min )
    Underwriter in Finance: What Do They Do, What Are Different Types?
    An underwriter is any party that evaluates and assumes another party’s risk for a fee in the form of a commission, premium, spread, or interest.  ( 25 min )
    Personal Consumption Expenditures (PCE): What It Is, Measurement
    Personal consumption expenditures is a measure of consumer spending and includes all goods and services bought by U.S. households. Learn more about PCE and how it's used.  ( 27 min )
    Inflation Makes Shoppers Cut Back On Everything But Necessities
    People are spending more on gas and housing, and less on just about everything else, a chart of consumer spending data shows.  ( 17 min )
    Fed's Silicon Valley Bank Report Blames Management, Regulator and Social Media
    Federal Reserve releases report on Silicon Valley Bank failure, blames management, regulator and social media.  ( 18 min )
    Consumer Confidence Index (CCI): Definition and What It Indicates
    The Consumer Confidence Index is a survey that measures how optimistic or pessimistic consumers are regarding their expected financial situation.  ( 23 min )
    Grace Period Definition for Borrowers, How It Works, Examples
    A grace period is a set amount of time a payment can be delayed without a penalty being imposed. Read about grace periods for credit cards and home mortgages.  ( 25 min )
    Collateral - Definition and Examples
    Collateral is an asset that a lender accepts as security for extending a loan. If the borrower defaults, then the lender may seize the collateral.  ( 22 min )
    What Is Pandemic Unemployment Assistance (PUA)? How It Works
    Pandemic Unemployment Assistance (PUA) temporarily expanded unemployment insurance to freelancers, independent contractors, and the self-employed.  ( 24 min )
    Continuing Claims Definition
    Continuing claims refers to the number of people who have already filed an initial claim and are still filing for unemployment benefits.  ( 21 min )
    Compare Today's Best Mortgage Rates
    Compare mortgage rates across 18 different products for both purchase and refinance and see how they stack up across the country.  ( 26 min )
    How to Choose a Medicare Plan
    Choosing a Medicare plan starts by assessing your needs and knowing your options. We’ll help you find the best Medicare Advantage plan in six easy steps.  ( 24 min )
    The Best 15-Year Mortgage Rates for 2023
    The right mortgage can make your dream of owning a home a reality. We researched and collected the best 15-year loan offers.  ( 26 min )
    The Best 10-Year Mortgage Rates of 2023
    The right mortgage can make your dream of owning a home a reality. We researched and reviewed the best 10-year mortgage rates, all collected here.  ( 25 min )
    The Best Jumbo Mortgage Rates for 2023
    The right mortgage can make your dream of owning a home a reality. We researched and reviewed the best jumbo mortgage rates, all collected here.  ( 29 min )
    The Best 30-Year Mortgage Rates for 2023
    The right mortgage can make your dream of owning a home a reality. We researched and reviewed the best 30-year mortgage rates, all collected here.  ( 17 min )
    How Do Personal Loans Work?
    The application process takes a great deal of time and effort, but for those with good credit, personal loans can be an excellent source of funding.  ( 22 min )
    Compare Today's Best Mortgage Refinance Rates
    Compare mortgage refinance rates across 18 different products, from 30-Year Fixed to 5/6 ARMs and everything in between.  ( 17 min )
    Indemnity: What It Means in Insurance and the Law
    Indemnity is compensation for damage or loss through insurance. When it is used in the legal sense, indemnity may also refer to an exemption from liability for damage.  ( 25 min )
    How Much Is Non-Owner Car Insurance?
    The monthly cost of non-owner car insurance is $26 to $45, according to our research. See sample rates, top companies, and learn how to choose the best.  ( 19 min )
    How Much Is Workers’ Comp Insurance?
    The average monthly cost of workers' comp insurance is $45. See average rates by industry, which factors impact your premium, and top workers’ comp insurance companies.  ( 21 min )
    Can I Invest in Bitcoin With My IRA or 401(k)?
    Bitcoin and other cryptocurrency investments may be available through 401(k) plans and individual retirement accounts (IRAs), though access may depend on the plan provider.  ( 21 min )
    How To Get Pet Insurance
    Pet insurance provides essential protection for your finances and your pet’s health. Here’s what to look for in a pet insurance policy and how to get one.  ( 25 min )
    Price Creep Definition
    Price creep occurs when either an individual or a group gradually lessens its reservations about paying higher prices for a given asset and drives prices upward.  ( 22 min )
    How Much Is Flood Insurance in Florida
    The average monthly cost of flood insurance in Florida is about $660 per year. Learn how and where to find the best deal on coverage.  ( 22 min )
    Inflation Ticked Down in March
    Inflation fell slightly throughout March, but the Federal Reserve may still continue its campaign of interest rate hikes at its meeting next week.  ( 17 min )
    Correspondent Banks vs. Intermediary Banks: What's the Difference?
    Correspondent and intermediary banks both act as facilitating third parties during certain transactions, but the differences between the two are significant.  ( 21 min )
    The Truth About Naked Short Selling
    The media demonizes naked short selling, but it usually occurs after a collapse, not before.  ( 23 min )
    Investopedia Anxiety Index
    The Investopedia Anxiety Index is a gauge of investor sentiment based on the behavior of over 20 million Investopedia readers around the world.  ( 21 min )
    5 Things to Know Before Markets Open
    Shares of Amazon dipped in extended trading on worries about growth in its cloud computing business. Here’s what investors need to know today.  ( 17 min )
    Pfizer Q1 Earnings Likely Declined 41%
    Pfizer reports its first-quarter earnings next week and is expected to show a decline in key metrics as demand for vaccines and products related to COVID-19 sharply slows down.  ( 17 min )
    How Dividends Affect Stock Prices With Examples
    Find out how dividends affect the underlying stock's price, market psychology, and how to predict price changes after dividend declarations.  ( 27 min )
    Starbucks Looks to China Reopening for a Sales Boost
    Starbucks is expected to follow record sales in the fourth quarter with a decline in revenues, despite the China reopening.  ( 17 min )
    Uber’s First-Quarter Revenues were Likely Boosted by a High Take Rate
    Uber Technologies, one of the world’s biggest ride-sharing companies, will likely report a narrow net loss in the first quarter on solid revenue gains boosted by a high take rate.  ( 19 min )
    AMD Net Income Could Plunge 83% On Weak Semiconductor Sales, Faltering Data Center Revenue
    AMD is expected to report a 10% decline in revenue and an 83% plunge in net income as semiconductor sales fall and data center revenue growth slows.  ( 17 min )
    Unemployment Insurance (UI): How It Works, Requirements, and Funding
    Unemployment insurance is a benefit for workers who have lost their jobs and meet certain eligibility requirements.  ( 28 min )
    Prepaid Cards vs. Gift Cards: What's the Difference?
    Although they are both used as cash equivalents when giving presents, a prepaid card—technically, a prepaid debit card—can be refilled and used repeatedly, while a gift card is generally only used once (or until the dollar amount is exhausted).  ( 23 min )
  • Open

    ChatGPT weer beschikbaar in Italië na verbod door toezichthouder
    ChatGPT is weer te gebruiken in Italië, maakt ontwikkelaar OpenAI vrijdag bekend. De chatdienst ging uit de lucht na kritiek van de Italiaanse privacytoezichthouder.  ( 3 min )
    Opnieuw zit een Amerikaanse bank diep in de problemen
    In de VS is opnieuw een middelgrote bank in financiële moeilijkheden gekomen. Het gaat om First Republic, een regionale bank waar klanten de voorbije maanden massaal hun geld hebben weggehaald. Autoriteiten en marktpartijen zouden nu naar een mogelijke reddingsactie kijken, omdat anders een ondergang dreigt.  ( 4 min )
    Transavia schrapt ook vluchten in mei en juni door problemen met toestellen
    Luchtvaartmaatschappij Transavia schrapt ook in mei en juni vluchten vanwege problemen met sommige toestellen. Om hoeveel vluchten het gaat, is nog niet duidelijk. Waar mogelijk wil Transavia vluchten omboeken of zorgen voor een alternatief.  ( 3 min )
    Verkeersboetes 10 procent omhoog nu flitspalen minder opleveren
    Dit jaar krijgt de overheid fors minder geld binnen uit snelheidsboetes dan verwacht. Mede door uitval van en onderhoud aan flitspalen en trajectcontroles voorziet het kabinet dit jaar een tegenvaller van 149,7 miljoen euro. Daarom worden boetes in 2024 met 10 procent verhoogd.  ( 3 min )
    Tweeduizend gedupeerde Transavia-reizigers dienen claim in voor compensatie
    Zeker tweeduizend passagiers van Transavia die hun vlucht niet zien vertrekken, hebben hierover een claim ingediend. De compensatie voor de annulering van hun vlucht kan oplopen tot honderden euro's, geven claimorganisaties aan. Daar kunnen ook nog extra onkostenvergoedingen bij komen.  ( 4 min )
    Vergoeding voor zorgpersoneel dat door postcovidsyndroom niet meer kan werken
    Zorgmedewerkers die door het postcovidsyndroom arbeidsongeschikt zijn geraakt, kunnen een eenmalige vergoeding van 15.000 euro krijgen. Het gaat om mensen die in de eerste coronagolf in 2020 voor coronapatiënten hebben gezorgd en daardoor zelf ook ziek zijn geworden.  ( 3 min )
    Duitse, Franse en Europese economie ontlopen recessie nipt, al kan vlag niet uit
    Na een moeizaam einde van 2022 hebben de economieën van Duitsland, Frankrijk en de Europese Unie als geheel een recessie toch afgewend. In de cijfers over het eerste kwartaal krompen hun economieën namelijk niet meer.  ( 3 min )
    FNV-personeel dreigt met staking bij vakbond zelf: 'Geef het goede voorbeeld'
    De FNV heeft een ultimatum gekregen van het eigen personeel. Onderhandelingen over een hoger loon zijn vastgelopen. De vakbond moet voor maandag op de Dag van de Arbeid op eisen van werknemers ingaan, anders volgen vanaf dinsdag stakingen. Het personeel wil dat lonen meestijgen met de inflatie.  ( 3 min )
    Duitse, Franse en Europese economie ontlopen recessie nipt, maar vlag kan niet uit
    Na een moeizaam einde van 2022 hebben de economieën van Duitsland, Frankrijk en de Europese Unie als geheel een recessie toch afgewend. In de cijfers over het eerste kwartaal krompen hun economieën namelijk niet meer.  ( 3 min )
    Moederbedrijf Promovendum krijgt 2,5 miljoen euro boete voor misleiding klanten
    Het moederbedrijf van verzekeringsmaatschappijen Promovendum en Besured heeft een boete van 2,5 miljoen euro gekregen. Volgens toezichthouder AFM gaf het bedrijf onduidelijke, onjuiste en misleidende informatie aan klanten.  ( 3 min )
    Duitse economie in afgelopen kwartaal niet gegroeid of gekrompen
    De groei van de Duitse economie is in het eerste kwartaal van dit jaar gestagneerd. Economen hadden op een groei van 0,2 procent gerekend, maar het bruto binnenlands product bleef precies hetzelfde ten opzichte van een kwartaal eerder.  ( 3 min )
    Deens leger bewijst dat Russisch schip vlak voor explosie bij Nord Stream voer
    Vier dagen voor de explosies bij de Nord Stream-gasleidingen is een Russisch schip op de foto gezet in de buurt van de pijpleidingen. Het Russische vaartuig heeft een mini-onderzeeër aan boord en is speciaal ontworpen voor operaties onder water.  ( 5 min )
    Deens leger heeft bewijs dat Russisch schip net voor explosie bij Nord Stream voer
    Vier dagen voor de explosies bij de Nord Stream-gasleidingen is een Russisch schip op de foto gezet in de buurt van de pijpleidingen. Het Russische vaartuig heeft een mini-onderzeeër aan boord en is speciaal ontworpen voor operaties onder water.  ( 4 min )
    Huizenprijzen gaan verder dalen en zijn volgens IMF nu nog tot 20 procent te hoog
    Door de afkoelende economie en stijgende hypotheekrentes kunnen huizenprijzen "onrustwekkend hard" gaan dalen. Daarvoor waarschuwt het Internationaal Monetair Fonds (IMF), dat stelt dat de prijzen nu in veel Europese landen nog 15 tot 20 procent te hoog liggen.  ( 4 min )
    Sony verkoopt in eerste kwartaal drie keer zoveel PlayStation 5-spelcomputers
    Sony heeft in de eerste drie maanden van dit jaar 6,3 miljoen PlayStation 5-spelcomputers verkocht. Dat zijn er drie keer zoveel als in het eerste kwartaal van 2022. Toen kon het bedrijf door tekorten aan onderdelen minder gameconsoles maken.  ( 3 min )
    Noors leger heeft bewijs dat Russisch schip net voor explosie bij Nord Stream voer
    Vier dagen voor de explosies bij de Nord Stream-gasleidingen is een Russisch schip op de foto gezet in de buurt van de pijpleidingen. Het Russische vaartuig heeft een mini-onderzeeër aan boord en is speciaal ontworpen voor operaties onder water.  ( 4 min )
    Intel heeft last van een chipoverschot en lijdt fors verlies
    Het chiptekort van de afgelopen jaren is bij chip- en processorfabrikant Intel omgeslagen in een chipoverschot. De verkoop van chips is flink gedaald. Daardoor groeit de voorraad, met slechte omzet- en winstcijfers als gevolg.  ( 3 min )
    Kunstmatige intelligentie helpt Amazon aan hogere omzet
    Internetbedrijf Amazon heeft de omzet uit de verkoop van advertenties met 21 procent zien stijgen in de eerste drie maanden van dit jaar. Kunstmatige intelligentie helpt het techbedrijf om nog gerichter reclames aan te bieden. Adverteerders zijn bereid om daar meer voor te betalen.  ( 3 min )
    Ouderwets vakantiegeld is op zijn retour: 'Werknemers kunnen prima zelf kiezen'
    In mei en juni krijgen miljoenen Nederlanders vakantiegeld, maar inmiddels krijgt de helft van de werknemers een vakantietoelage via een individueel keuzebudget. Velen gebruiken het extraatje voor achterstallige rekeningen of grote uitgaven. Of zijn er slimmere bestemmingen?  ( 6 min )
  • Open

    Southwest Reports Bigger-Than-Expected Loss
    Southwest (LUV) shares dropped after first quarter results revealed a lingering impact from the airline's messy holiday season.  ( 1 min )
    Meta Platforms Shares Soar on Earnings Beat
    Meta Platforms (META) is the best-performing stock in the S&P 500 as the social media giant beat quarterly estimates in almost every key financial metric and gave strong guidance.  ( 1 min )
  • Open

    Powerful Profits Elevate Equities
    U.S. equities skyrocketed on April 27, 2023, as strong earnings from Meta Platforms (META) boosted optimism in the tech sector.  ( 1 min )
    5 Things to Know Before Markets Open
    Shares of Facebook parent Meta Platforms jumped after posting its first increase in sales in nearly a year. Here’s what investors need to know today.  ( 1 min )

  • Open

    Amazon stock forfeits gains after company warns on 'optimizations' from AWS customers
    After initially boosting the tech sector following another strong quarter, caution about the cloud business saw Amazon stock reverse initial gains late Thursday.  ( 40 min )
    Bank of America Says Cyclical Stocks Are Worth Owning Right Now; Here Are 2 Names That the Street Likes
    Most financial experts think that the market won’t be able to keep going up for long this year. Against a backdrop of a looming recession, most financial commentators are talking up the prospect of more uncertainty ahead. But not everyone. In fact, the strategy team at Bank of America believes there are plenty of reasons for owning stocks right now. Market sentiment is resolutely bearish, and a recession is practically accepted by everyone – both offering a chance for a contrarian take. And ther  ( 41 min )
    Bud Light to spend 'heavily' on marketing after Dylan Mulvaney controversy: report
    Anheuser-Busch plans to spend "heavily" on a Bud Light marketing campaign after the brand was battered for its partnership with trans activist Dylan Mulvaney, according to a report.  ( 38 min )
    Dow Jones Futures: Amazon Reverses Lower Late On Slowing Cloud; Cloudflare, Snap Plunge
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    Amazon Raises Investor Fears of Continued Slowing Cloud Growth
    (Bloomberg) -- Amazon.com Inc., having reported strong quarterly sales in its cloud-computing division, jolted investors when executives revealed that revenue growth in the unit slowed so far in April. The shares erased a jump of almost 12%.Most Read from BloombergTesla Drops Model Y Starting Price Below the Average US VehicleFed’s Jerome Powell Tricked by Russian Pranksters Posing as ZelenskiyUS Economic Growth Slows to 1.1% While Inflation AcceleratesGermany in Talks to Limit Export of Chip Ch  ( 38 min )
    Amid Cost Cutting, Amazon Stock Down As First-Quarter Results Beat
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    Intel Rallies After Giving Hope of Recovery in Second Half
    (Bloomberg) -- Intel Corp., the biggest US chipmaker, slid in late trading after predicting a steeper loss than expected, signaling that its turnaround effort remains on shaky ground. Most Read from BloombergTesla Drops Model Y Starting Price Below the Average US VehicleFed’s Jerome Powell Tricked by Russian Pranksters Posing as ZelenskiyUS Economic Growth Slows to 1.1% While Inflation AcceleratesGermany in Talks to Limit Export of Chip Chemicals to ChinaASML, Europe’s Most Valuable Tech Firm, I  ( 40 min )
    Cloud Computing Stock Builds AI Position
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    Coinbase CEO: SEC's crypto warning 'not good for America'
    The comments from the CEO of Coinbase offer a forceful response to a Wells Notice received by the cryptocurrency exchange.  ( 39 min )
    Stocks moving in after-hours: Amazon, Snap, Pinterest, Intel
    These are the stocks moving after the market close on Thursday, April 27, 2023.  ( 40 min )
    Chipmaker Intel Beats First-Quarter Views But Gives Mixed Outlook
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    Gilead Stock Dives As Light Profit Hamstrings Strong Cancer Drug Sales
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    Outlook Dims For First Solar After It Misses March-Quarter Targets
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    Cloudflare Stock Plunges On Weak Revenue Guidance
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    Top 2% Stock Dexcom Easily Beats First-Quarter Expectations, Boosts Outlook
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    Amazon stocks surge after Q1 revenue, profit wins
    Amazon on Thursday reported a continuing slowdown in its cloud computing unit AWS but stronger than expected revenue and profits for the first quarter sent its stocks higher in after-hours trading. Amazon too has been cutting its expenses amid sluggish online sales and concerns over whether the U.S. will dip into a recession.  ( 39 min )
    What's Going On With ContraFecta Stock Today
    ContraFect Corporation (NASDAQ: CFRX) shares are trading higher Thursday morning. However, there is no specific news to justify the move. Wednesday morning, ContraFect announced the dosing of the first patient in Phase 1b/2 of exebacase in the setting of an arthroscopic debridement, antibiotics, irrigation, and retention procedure in patients with chronic prosthetic joint infections of the knee due to Staphylococcus aureus or Coagulase-Negative Staphylococci. The study was initiated earlier this  ( 38 min )
    Snap Q1 earnings: Revenue miss sends shares plunging 21%
    Snap shares collapsed 21% after the social media company reported worse than anticipated Q1 revenue.  ( 39 min )
    $1.3 Billion Team Quits First Republic, Jumps to JPMorgan
    Advisors Catherine Chase and Wendi Doyle had worked at First Republic since 2015.  ( 22 min )
    First Republic’s Options May Be Dwindling. What’s Ahead for the Troubled Bank.
    Here are three potential scenarios for the troubled San Francisco bank as it struggles to stay afloat.  ( 22 min )
    Charlie Javice, who sold her startup Frank for $175 million and is accused of fraud, is running out of money
    “Ms. Javice faces numerous impending deadlines for which she is incurring substantial expense,” said Michael Barlow, an attorney with law firm Abrams & Bayliss, in a recent letter to the judge.  ( 41 min )
    Amazon earnings: Results beat expectations across the board, stock soars
    On Thursday, Amazon became the latest megacap tech company to report first quarter results that beat expectations, perhaps pushing off some of the deepest fears investors held about the state of the US economy.  ( 39 min )
    'Big Short' investor Michael Burry predicted a cash crunch. A top JPMorgan banker says that painful problem is fueling a banking crisis
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    Coinbase Warns SEC It Will ‘Exhaust All Avenues’ If Sued
    (Bloomberg) -- Coinbase Global Inc. is making a last-ditch effort to dissuade the SEC from suing the firm, including sending a not-so-subtle reminder that it won’t be easy to take down. Most Read from BloombergTesla Drops Model Y Starting Price Below the Average US VehicleUS Economic Growth Slows to 1.1% While Inflation AcceleratesFed’s Jerome Powell Tricked by Russian Pranksters Posing as ZelenskiyGermany in Talks to Limit Export of Chip Chemicals to ChinaSingapore Hikes Property Tax, Doubling  ( 39 min )
    The latest GDP numbers have economists fearing more than just a recession: ‘The U.S. might well be facing stagflation’
    “This morning’s data was the worst of both worlds, with growth down and inflation up,” said Chris Zaccarelli, chief investment officer of Independent Advisor Alliance.  ( 39 min )
    First Republic Short Sellers Are Struggling to Find Stock to Bet Against
    (Bloomberg) -- Wall Street traders see good reasons to short First Republic Bank anew as the standoff grows between the US government and the banking industry. Most Read from BloombergTesla Drops Model Y Starting Price Below the Average US VehicleUS Economic Growth Slows to 1.1% While Inflation AcceleratesFed’s Jerome Powell Tricked by Russian Pranksters Posing as ZelenskiyGermany in Talks to Limit Export of Chip Chemicals to ChinaSingapore Hikes Property Tax, Doubling Rate on Foreigners to 60%T  ( 39 min )
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    BlackRock vs. Vanguard: The world's biggest asset managers don't see eye to eye on the classic 60/40 investment strategy.
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    Blow for Biden as US economy slows sharply and recession threat grows
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    Amazon Earnings Are Coming. The Cloud Gives, Retail Might Take Away.
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    Stocks rise after Meta earnings add to tech strength: Stock market news today
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    Why AbbVie Shares Are Trading Lower Today
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    Intel Q1 earnings: Struggling chip maker to report results amid steep drop in PC sales
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    Southwest Airlines Stock Falls After Earnings. It Has a Boeing Problem.
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    Valero Q1 Earnings Top Estimates, Repurchased $1.5B Worth Shares
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    Dow Jones Futures Rise After Surprise Fall In Jobless Claims. Meta Surges, But This Hot AI Stock Crashes 22%.
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    Eli Lilly's Diabetes Newcomer, Mounjaro, Just Blew Sales Projections Out Of The Water
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    AbbVie Stock Crumbles As Humira Biosimilars Take A 25% Cut
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    Mobileye Lowers Full-Year Outlook On Weakening China Electric Vehicle Sales
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    Southwest earnings: Airline reports losses from holiday meltdown top $1.1 billion
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    Southwest earnings: Airline reports more losses as holiday meltdown impact extends into Q1
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    Altria Delivers Strong Earnings, Maintains Guidance
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    Honeywell Beats Earnings Estimates and the Stock Drops. This Is a Tough Crowd.
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    Crypto bounces back after rumor mill scare
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    These Stocks Are Moving the Most Today: Meta, First Republic, Roku, ServiceNow, Wolfspeed, Amazon, and More
    Meta Platforms, the parent company of Facebook, reports better-than-expected first-quarter earnings and revenue, First Republic shares rise after two days of sharp losses, Roku posts a narrower-than-expected quarterly loss, and Amazon is scheduled to report earnings after markets close Thursday.  ( 23 min )
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    Fire Sale: $300 Million San Francisco Office Tower, Mostly Empty. Open to Offers.
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    Amazon Expected to See Slower Growth as It Continues to Pare Back
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    Darkening Gloom in Chinese Stocks Puzzles Wall Street Veterans
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    Deutsche Bank Reports Higher Profit in Tumultuous Quarter
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    Intel Expected to Post Another Weak Quarter as the PC Market Languishes
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    Snap Stumbled. Why It Still Has Promise Ahead of Earnings.
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    Bitcoin, Ether rebound after early morning fall; U.S. equity futures gain on Meta outlook
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    First Republic Stuck in Standoff Between US and Banking Industry
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    Mark Zuckerberg denied the ‘narrative’ that he’s ditching the metaverse and he unveiled a new goal: bringing ‘A.I. agents’ to ‘billions of people’
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    Dow Jones Futures Rise: Meta Soars Late, But Megacaps Can't Hide Broad Market Woes
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  • Open

    Unemployment Claim Definition
    An unemployment claim is a request an individual makes to a state government to receive temporary payments after having been laid off from a job.  ( 24 min )
    Sallie Mae Bank CD Rates: April 2023
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    Coinbase Pushes Back Against Potential SEC Legal Action
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    Southwest Reports Bigger-Than-Expected Loss
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    Powerful Profits Elevate Equities
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    Amazon Shares Gains More Than 6% After First-Quarter Profit Beats Estimates
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    Going Back to School: Can I Afford to Go Back to School?
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    Inflation: What It Is, How It Can Be Controlled, and Extreme Examples
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    The Last States With Prepaid Tuition Plans
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    How WeWork Makes Money
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    Top CD Rates Today, April 27
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    Consumer Price Index (CPI) Explained: What It Is and How It's Used
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    Term of The Day Newsletter Opt-In
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    Today's Mortgage Rates & Trends - April 27, 2023: Rates Mixed
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  • Open

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    Lagere inflatie in België, maar prijzen voor eten en drinken wel flink gestegen
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    Bouwbedrijf Strukton wil via rechter van omstreden oprichter Sanderink af
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    Transavia begint meivakantie met annuleren vluchten op Eindhoven en Rotterdam
    Transavia heeft voor vrijdag en zaterdag vluchten van en naar Eindhoven Airport en Rotterdam The Hague Airport geannuleerd. Daardoor zijn enkele duizenden passagiers gedupeerd. De luchtvaartmaatschappij zegt te weinig vliegtuigen klaar te hebben.  ( 3 min )
    Monopoly-maker ziet omzet kelderen na corona en moet banen schrappen
    Speelgoedmaker Hasbro heeft zijn omzet het afgelopen kwartaal zien kelderen. Het bedrijf achter Monopoly, Peppa Pig en My Little Pony laat daarom minstens duizend medewerkers vertrekken.  ( 3 min )
    Derde Plopsaland-bestuurder vertrekt na berichten over wangedrag
    Na de bestuursvoorzitter en de commercieel bestuurder vertrekt ook de financieel topvrouw van Plopsaland. Het bestuur van het Belgische pretparkbedrijf kwam in opspraak na berichten over grensoverschrijdend gedrag en een toxische werksfeer.  ( 3 min )
    Vattenfall verliest klanten in Nederland, maar ziet winst stijgen
    Na een onrustig najaar heeft het Zweedse bedrijf Vattenfall weer een hogere winst geboekt. In de eerste drie maanden van het jaar hield de energieleverancier 11,8 miljard Zweedse kronen (ongeveer 1 miljard euro) over. Dat is bijna een verdubbeling ten opzichte van een jaar eerder.  ( 3 min )
    EU waarschuwt Twitter voor 'zware tijd' na invoering nieuwe regels
    Twitter moet zich opmaken voor een zware tijd zodra nieuwe Europese regels voor sociale media ingaan. Dat zegt Eurocommissaris Vera Jourová. Ze beklaagt zich over de Russische propaganda op het platform en waarschuwt dat de Europese Unie daarvoor later dit jaar geen ruimte meer laat.  ( 3 min )
    Bestelbusjes en vrachtwagens aan de lopende band verkocht
    Nederlandse bedrijven hebben in de eerste drie maanden van het jaar veel meer bestelbussen en trucks gekocht. Ze registreerden maar liefst 20 procent meer nieuwe bedrijfswagens dan een jaar eerder. Dat komt vooral doordat de leveringsproblemen door chiptekorten voorbij zijn.  ( 3 min )
    Fors hogere prijzen pindakaas en deodorant leveren Unilever meer geld op
    Unilever verkocht in de eerste maanden van 2023 iets minder producten, maar door flinke prijsverhogingen kwam er toch meer geld binnen. Het bedrijf achter Dove, Magnum, Calvé en De Vegetarische Slager verhoogde de prijzen begin dit jaar met 10,7 procent.  ( 3 min )
    Wat doet en verdient de koning?
    Of je nu voor of tegen het koningshuis bent, Koningsdag vieren we (bijna) allemaal. Voor koning Willem-Alexander is de feestdag nu tien jaar een vast onderdeel van zijn agenda. En daar kunnen we allemaal in kijken, net als in zijn inkomsten en uitgaven.  ( 5 min )
    Het bier is duurder op Koningsdag, maar de grabbelton blijft ouderwets goedkoop
    Ondanks de hoge inflatie hoeven we ons geen zorgen te maken over hoge prijzen op de vrijmarkt. "Op Koningsdag werken we met ronde prijzen. Een keertje grabbelen verhoog je daarom niet zo snel met een paar centen."  ( 3 min )

  • Open

    Tech Earnings, Bank Woes Lead to Mixed Market Day
    U.S. equities were mixed on April 26, 2023, as strong tech earnings were offset by concerns about banks and a possible recession.  ( 1 min )
    5 Things to Know Before Markets Open
    Microsoft and Alphabet shares surged after beating analyst estimates for earnings and revenue. Here’s what investors need to know today.  ( 1 min )
    Bank Worries Send Markets Lower
    U.S. equities tumbled on April 25, 2023, as a report from First Republic (FRC) renewed concerns about the strength of the banking sector.  ( 1 min )
    5 Things to Know Before Markets Open
    First Republic Bank shares declined after the bank's deposits fell by 40% and UBS profits sank in the first quarter as it prepares to take over Credit Suisse. Here’s what investors need to know today.  ( 1 min )
  • Open

    ActiveX
    ActiveX is software that allows applications to share information with one another, regardless of what programming language they're written in.  ( 18 min )
    The New York City Economy Tracker
    Investopedia and NY1 are teaming up on a series of biweekly updates tracking the health of New York City’s economy, highlighting the best and worst-performing areas of New York's housing, tourism, leisure and hospitality metrics.  ( 19 min )
    What Is Travel Insurance, and What Does It Cover?
    Travel insurance helps cover financial losses associated with illness, injury, accidents, flight or other transportation delays, and other issues that happen during a trip.  ( 25 min )
    Account Inquiry: Definition, Purposes, & Effect on Credit Scores
    An account inquiry is a review of an individual's credit or deposit accounts. It often occurs in connection with a loan application but can also be used for other purposes.  ( 21 min )
    Does Buy Now, Pay Later Affect Credit?
    Buy now, pay later plans make it easy and convenient to pay for purchases. Learn how BNPL can affect your credit score.  ( 25 min )
    Tech Earnings, Bank Woes Lead to Mixed Market Day
    U.S. equities were mixed on April 26, 2023, as strong tech earnings were offset by concerns about banks and a possible recession.  ( 16 min )
    Credit Quality: What It Means and How It's Calculated
    Credit quality can refer to individuals or entities such as bonds, companies, and governments. Credit scores and credit ratings are measures of credit quality.  ( 21 min )
    Credit Report vs. Investigative Consumer Report: How They Differ
    Credit reports and investigative consumer reports sound similar, but they contain different information about people and are used for different purposes.  ( 22 min )
    Debt Relief: How It Works, Programs, and Examples
    Debt relief involves the reorganization of a borrower's debts to make them easier to repay. It can also give creditors a chance to recoup at least a portion of what they are owed.  ( 23 min )
    First Republic Bank Teeters on the Brink of Collapse
    First Republic Bank (FRC) is teetering on the brink of collapse as its shares fall to new all-time lows on reports the federal government is reluctant to put together a rescue package.  ( 17 min )
    Weekly Premium Insurance
    Weekly premium Insurance is a type of financial protection where the payments that the insured makes in return for coverage are paid weekly.  ( 18 min )
    Why Get a Gas Credit Card?
    Find out which credit cards now reward you for your gasoline purchases.  ( 22 min )
    Automatic Stay in Bankruptcy: Definition, Example, and Exceptions
    An automatic stay is a legal provision that temporarily prevents creditors from trying to collect money or seize property from debtors in bankruptcy.  ( 22 min )
    Can You Earn Credit Card Rewards for Paying Student Loans?
    It's possible to get cash back or other rewards by using a credit card to pay your student loan debt. Here's how it works and whether it's worth it.  ( 25 min )
    Maximum Loan-to-Value Ratio: Definition, Formula, Examples
    The maximum loan-to-value ratio is the largest allowable ratio of a loan's size to the dollar value of the property that serves as collateral. It can vary depending on the loan program.  ( 24 min )
    Top CD Rates Today, April 26
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 16 min )
    Bankruptcy Abuse Prevention and Consumer Protection Act (BAPCPA) Definition
    The Bankruptcy Abuse Prevention and Consumer Protection Act BAPCPA is a 2005 law meant to reform the bankruptcy system in the United States.  ( 23 min )
    Interactive Brokers vs. TD Ameritrade 2023
    Interactive Brokers and TD Ameritrade have plenty of tools for advanced traders, but it's easier to get started at TD.  ( 27 min )
    What Are Joint Tenants With Right of Survivorship (JTWROS)?
    Joint tenants with right of survivorship (JTWROS) is a type of property ownership giving co-owners survivorship rights upon another property owner’s death.  ( 26 min )
    How Secure Is Social Security?
    The 2023 Social Security Trustees Report shows there is a little more time left to address the system's funding shortfalls.  ( 27 min )
    Credit Rating Agency vs. Credit Bureau: What's the Difference?
    Credit rating agencies assess the creditworthiness of companies and governments and the debt they issue, while credit bureaus provide credit information on individual consumers.  ( 22 min )
    Limited Recourse Debt: Definition, Example, vs. Non-Recourse Debt
    A limited recourse debt is a loan or other debt that gives the creditor certain specific claims on the borrower's assets in the event of default.  ( 22 min )
    What Is a Debit Balance in a Margin Account?
    The debit balance in a margin account is the amount that an investor owes their broker for money they borrowed from the broker to purchase securities on margin.  ( 23 min )
    Refinancing Risk: Definition, Examples, and How to Mitigate It
    Refinancing risk is the possibility that a borrower will not be able to replace existing debt with suitable new debt when they need to.  ( 21 min )
    Types of Business Insurance Plans: How To Decide Which Is Right for You
    Understanding how each kind of business insurance works can help you determine which coverage options can help protect your business.  ( 24 min )
    The New York City Economic Tracker: April 10, 2023
    Investopedia and NY1 are teaming up on a series of biweekly updates tracking the health of New York City’s economy, highlighting the best and worst-performing areas of New York's housing, tourism, leisure and hospitality metrics. areas of New York's housing, tourism, leisure and hospitality metrics.  ( 17 min )
    What Lenders Look at on Your Credit Report
    What do lenders consider most important when they look at your credit report? And what other information will they want you to provide?  ( 27 min )
    How to Lock Your Credit Report
    Credit locks are an easy way to safeguard your credit information. Learn how a credit lock works and how to use one to protect your credit reports and your identity.  ( 22 min )
    How Is a Savings Account Taxed?
    Read about the taxes due on interest income on personal savings accounts, how the tax is calculated, and how to report the interest to the IRS.  ( 22 min )
    What Is the SWIFT Banking System?
    SWIFT is the global standard for payment and securities trade transactions  ( 25 min )
    Today's Mortgage Rates & Trends - April 26, 2023: Rates Dip
    All non-jumbo mortgage averages dipped lower for a fourth consecutive day, while every jumbo rate average marked time.  ( 18 min )
    Bitcoin Mining
    Breaking down everything you need to know about Bitcoin mining, from blockchain and block rewards to proof of work and mining pools.  ( 29 min )
    Mastercard May Report a Profit Pullback on Slowing Purchase Volumes
    Mastercard will likely report a small pullback in profits as gross dollar volume (GDV) from purchases grew at a slower pace, as inflation deterred consumer spending.  ( 17 min )
    What Will Happen When the Government Can’t Pay Its Bills Anymore?
    The debt limit could be raised, the government could run out of money and break the economy, or Biden could defy Congress  ( 19 min )
    UK Regulator Blocked Microsoft’s $69 Billion Acquisition of Activision Blizzard
    U.K. regulator blocked Microsoft’s (MSFT) $69 billion acquisition of Activision Blizzard (ATVI) on Wednesday, hobbling the tech giant’s ambitions in the fast-growing European gaming market.  ( 17 min )
    Questrade Review
    Investopedia reviews Questrade, a broker providing Canadians with an alternative to trading and investing with the big banks.  ( 23 min )
    Errors and Omissions (E&O) Insurance: What It Covers
    Errors and omissions insurance (E&O) is a type of professional liability insurance that protects against claims of inadequate work or negligent actions.  ( 25 min )
    Form 1099-PATR, Taxable Distributions Received From Cooperatives Definition
    Form 1099-PATR, Taxable Distributions Received From Cooperatives is used to report distributions received from a cooperative that may have to be included in your taxable income.  ( 23 min )
    I Bond or CD: What’s Smarter Right Now?
    You can buy I bonds through April 27 and score an attractive interest rate of 6.89%. But depending on your timeline and predictions about inflation, a CD may be the smarter bet.  ( 19 min )
    Crop, Food Supply Woes Complicate Central Banks' Inflation Fight
    Crops woes, production shortage and supply limitations have placed upward pressure on food prices, complicating matters for global central banks.  ( 21 min )
    What Is an Auto Insurance Quote?
    An auto insurance quote is an estimate of how much car insurance will cost you. It spells out the costs and limits of different types of coverage.  ( 25 min )
    Floating Interest Rate: Definition, How It Works, and Examples
    A floating interest rate is an interest rate that periodically adjusts up or down to reflect economic or financial conditions. It's tied to a benchmark rate or an index.  ( 22 min )
    Death Cross Definition: How and When It Happens
    A death cross is a chart pattern that occurs when a security's short-term moving average drops below its longer-term moving average.  ( 23 min )
    How to Invest in Commodities
    Opening an investment account is an essential step in investing in commodities. Learn what you need to open an investment account and how to do it.  ( 26 min )
    Financial Planning for Professional Athletes: An Inside Look
    The right financial planning for professional athletes can turn short-term high earnings into a lifetime of steady income. Here's how it's done.  ( 23 min )
    Market Value in the Real Estate Market
    Learn how fair market value is determined during a real estate appraisal and why market values are really decided by a professional opinion.  ( 22 min )
    What Is a Flexible Spending Account (FSA)?
    A flexible spending account (FSA) is a type of savings account, usually for healthcare expenses, that sets aside pretax funds for later use.  ( 24 min )
    Communication Industry ETF Definition
    A communication industry ETF invests in securities in the communication sector, including telecommunications, media, and internet companies.  ( 21 min )
    Irish Pound (IEP) Definition
    Learn more about the Irish pound, which was the national money of Ireland until it was replaced by the euro.  ( 20 min )
    AbbVie Q1 Earnings to Shine a Light on Humira Patent Loss
    AbbVie, the maker of the best-selling drug of the 21st century, likely will say earnings plummeted in the first quarter after it lost the exclusive right to market its blockbuster biologic, Humira.  ( 17 min )
    Personal Loan: Definition, Types, and How To Get One
    A personal loan allows you to borrow money and repay it over time. Here’s what a personal loan is, how it works, and how to use one.  ( 26 min )
    3-2-1 Buydown Mortgage Definition
    A 3-2-1 buydown mortgage offers borrowers a three-year break from high interest rates. However, they must be ready to pay the original rate from the fourth year onward.  ( 22 min )
    5 Things to Know Before Markets Open
    Microsoft and Alphabet shares surged after beating analyst estimates for earnings and revenue. Here’s what investors need to know today.  ( 18 min )
    Regional Bank Earnings Depict Broad Deposit Withdrawals
    Rising net interest income boosted earnings at key regional and mid-sized banks in the first quarter. But broad deposit withdrawals portend challenges ahead.  ( 17 min )
    Exxon's Profit Likely Rose 20% as Oil Prices Slumped
    Even with lower oil prices versus a year ago, when they surged after Russia's invasion of Ukraine, Exxon Mobil's profit likely gained significantly in the first-quarter of 2023.  ( 18 min )
    Business Interruption Insurance: What it Covers, What it Does Not
    Business interruption insurance is a form of insurance coverage that replaces business income lost as a result of a business interruption event.  ( 23 min )
    How Do I Calculate How Much Home Equity I Have?
    Find out how to calculate the equity in your home, your home equity percentage, and the loan-to-value (LTV) based on the current market price.  ( 26 min )
  • Open

    ASML, Europe’s Most Valuable Tech Firm, Is at the Heart of the US-China Chip War
    (Bloomberg) -- In 1984, Martin van den Brink, a young Dutch engineer, joined a newly created venture in a quiet corner of the Netherlands. Little did he know then that about 40 years on the company would be so crucial to the $580 billion semiconductor industry that it would be the epicenter of a US-China chip war.Most Read from BloombergTesla Drops Model Y Starting Price Below the Average US VehicleQuants Are ‘Out of Ammo’ for Buying Stocks, Goldman WarnsNetflix Spain Lost 1 Million Users Last Q  ( 46 min )
    Pioneer CEO Will Retire and Be Replaced By COO
    (Bloomberg) -- Pioneer Natural Resources Co. Chief Executive Officer Scott Sheffield, an architect of the shale boom that made the US an oil powerhouse, will retire for a second time as acquisition talk reaches a fever pitch among North American drillers. Most Read from BloombergTesla Drops Model Y Starting Price Below the Average US VehicleQuants Are ‘Out of Ammo’ for Buying Stocks, Goldman WarnsNetflix Spain Lost 1 Million Users Last Quarter, Kantar SaysFirst Republic Faces Potential Curb on B  ( 40 min )
    2 “Strong Buy” Stocks Oppenheimer Predicts Will Surge at Least 30%
    The jobs market remains robust, and after hitting heights not seen during the last 40 years, it looks like inflation is cooling down. At the same time, there are still concerns a recession is on the way while the geopolitical landscape remains uncertain. However, weighing the positives against the negatives, Oppenheimer’s Chief Investment Strategist John Stoltzfus believes the economy’s display of strength spells good news for the stock market. “From our perch on the market radar screen the pote  ( 41 min )
    UPS CFO Looks to Speed Up Some Cost Cuts as Shipping Volumes Fall
    The delivery giant said it would finish setting up new technology in more than 900 U.S. buildings by October, two months earlier than planned.  ( 26 min )
    Stocks moving in after-hours: Meta, Roku, eBay, Teledoc
    These are some of the stocks moving in after hours on April 26, 2023.  ( 39 min )
    Bitcoin Tumbles as Wild Crypto Market Swing Causes $310M Losses From Liquidations
    The CoinDesk Market Index (CMI), which tracks the performance of the broader crypto market, plummeted 5.6% in an hour.  ( 38 min )
    Tech bulls are flirting with disaster as banking pressures threaten to crash the stock market, a markets guru warns
    No content preview
    CEO of Shale Giant Pioneer Natural Resources to Retire
    Pioneer CEO Scott Sheffield, who helped turn the driller into one the largest oil producers in the country, will retire at the end of the year.  ( 26 min )
    First Republic Bank Teeters on the Brink of Collapse
    First Republic Bank (FRC) is teetering on the brink of collapse as its shares fall to new all-time lows on reports the federal government is reluctant to put together a rescue package.  ( 16 min )
    Software Maker ServiceNow Handily Beats Estimates On Earnings
    No content preview
    Impinj Stock Plummets As Tracking-Chip Maker Cuts Outlook
    No content preview
    Ask an Advisor: I Want to Roll Over My Money to a Roth IRA. How Do I Avoid Paying Taxes?
    If I have a tax-deferred 401(k). Can I convert it to a Roth IRA without paying the deferred taxes when I roll it over? -Tommy Generally, the answer here is no. There's typically no method to totally dodge taxes on … Continue reading → The post Ask an Advisor: I Want to Roll Over My Money to a Roth IRA. How Do I Avoid Paying Taxes? appeared first on SmartAsset Blog.  ( 39 min )
    Bristol-Myers CEO Giovanni Caforio to Step Down
    Chief Commercialization Officer Christopher Boerner will take over after Giovanni Caforio retires, the company said.  ( 34 min )
    Eli Lilly Earnings Are Soon. All Eyes Are on Its Diabetes Drug, Mounjaro.
    Expectations for first-quarter sales of its diabetes treatment, Mounjaro, are $433 million.  ( 23 min )
    Facebook parent Meta posts solid 1Q results, stock soars
    Facebook parent company Meta's first-quarter results surpassed Wall Street's modest expectations on both profit and revenue, sending its stock soaring in after-hours trading. Meta also reported that the monthly user base of its flagship platform — Facebook — inched close to 3 billion. Meta Platforms Inc. said Wednesday it earned $5.71 billion, or $2.20 per share, in the January-March period.  ( 38 min )
    Top CD Rates Today, April 26
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 18 min )
    What is de-dollarization? Here's everything you need to know about rival countries' efforts to dethrone the greenback
    Here's what you need to know about the anti-dollar movement – and whether it's really a threat to the buck's dominance.  ( 39 min )
    Meta Platforms stock soars after earnings crush expectations, expenses drop
    Meta Platforms reported revenue and earnings that beat expectations while its expenses continue to come down, sending shares soaring in after hours trading on Wednesday.  ( 39 min )
    'ChatGPT Does 80% Of My Job' — How AI Enables People To Work Second And Third Jobs
    A new breed of overemployed workers has emerged, turning to artificial intelligence (AI)-powered language models like ChatGPT to handle a significant portion of their job responsibilities. See More: A Healthier Alternative to Coffee & Energy Drinks: Pureboost Gives You Energy Without The Burnout and Exhaustion "ChatGPT does like 80% of my job," stated one worker, while another, currently holding down four robot-performed jobs, says, "Five would be overkill." As the popularity of AI-powered tools  ( 39 min )
    Oil Drops Most Since Bank Crisis as Macro Winds Erase OPEC Gains
    (Bloomberg) -- Oil, whipsawed by volatile equity markets, fell the most since mid-March when a banking crisis battered the commodity, nullifying gains from a surprise production cut by OPEC+. Most Read from BloombergTesla Drops Model Y Starting Price Below the Average US VehicleUK Blocks Microsoft’s $69 Billion Activision Deal Quants Are ‘Out of Ammo’ for Buying Stocks, Goldman WarnsFirst Republic Bank to Weigh Up to $100 Billion in Asset SalesBRICS Draws Membership Bids From 19 Nations Before S  ( 38 min )
    Apple is sucking people in deeper with its Savings account
    Apple's new high-yield savings account will get customers to stick around longer than a smartwatch.  ( 40 min )
    JPMorgan’s Michele Sees 3% Across Yield Curve With Recession
    (Bloomberg) -- Wall Street veteran Bob Michele anticipates a flattening of the yield curve to 3% for securities maturing in two through 30 years, a forecast representing a victory over inflation and a loss for the US economy.Most Read from BloombergTesla Drops Model Y Starting Price Below the Average US VehicleUK Blocks Microsoft’s $69 Billion Activision Deal Quants Are ‘Out of Ammo’ for Buying Stocks, Goldman WarnsNetflix Spain Lost 1 Million Users Last Quarter, Kantar SaysFirst Republic Faces  ( 38 min )
    The Fed’s Balance Sheet Is Shrinking Again. What That Means for Stocks.
    The central bank has returned to pulling money out of the financial system following an interruption resulting from last month's troubles in banking.  ( 23 min )
    Outrage Alert: Good Finances Could Hurt Your Mortgage Terms
    On May 1, the federal government will change the fees that most borrowers pay as part of buying a new home. The changes will have a counter-intuitive result: many borrowers with lower credit scores paying less in fees when they … Continue reading → The post Outrage Alert: Good Finances Could Hurt Your Mortgage Terms appeared first on SmartAsset Blog.  ( 40 min )
    First Republic Bank Is a Problem With No Easy Solution
    It would be hard to find a buyer or create another rescue plan, but a regulatory seizure would bring its own set of problems.  ( 34 min )
    Microsoft 'holding a lot of the cards' in AI-powered search war with Google
    A year ago, Microsoft didn’t mention Bing once on its earnings call. The search engine hasn’t been a big growth driver for Microsoft in the past. That's changing.  ( 40 min )
    A Stock Market Correction May Be Coming. One More Shoe Could Drop.
    The stock market looks vulnerable to a correction, one that could be substantial if the economy or earnings go wrong. There's a major caveat, though.  ( 22 min )
    Warren Buffett's Favorite Dividend Stocks Raised Their Payouts Again, But Retail Investors May Have A Huge 'Structural Advantage' Over The Oracle
    When it comes to achieving market-beating returns consistently, few investors have done a better job than Warren Buffett. From 1964 to 2022, his company Berkshire Hathaway (NYSE: BRK-B) delivered an overall gain of 3,787,464%, dwarfing the S&P 500’s 24,708% return during the same period. Buffett’s investment strategy centers around value investing. He found high-quality companies with durable competitive advantages, invested in them when they were trading below their intrinsic value and reaped h  ( 40 min )
    What's Going On With Micron Technology Stock Today
    Micron Technology, Inc (NASDAQ: MU) shares are trading higher today following reports of a semiconductor plant set up in India and the chipmaker's plans to stop offering cheaper chips from May. The Indian government is close to approving a proposal by Micron to set up an assembly, testing, marking, and packaging (ATMP) facility in the country, involving an investment of about $1 billion. Micron will use the facility to process some of its wafers manufactured globally, Business Standard reports.  ( 38 min )
    Goldman Sachs says there are 116 stocks, including Nvidia and FedEx, that are vulnerable to an activist attack. See the full list
    The analysts found four financial variables that could prompt an activist attack.  ( 41 min )
    Tesla Just Got Its 7th Analyst Downgrade. What the Worry Is This Time.
    Downgrades are mounting since Tesla reported disappointing first-quarter earnings on April 19.  ( 22 min )
    I Bond or CD: What’s Smarter Right Now?
    You can buy I bonds through April 27 and score an attractive interest rate of 6.89%. But depending on your timeline and predictions about inflation, a CD may be the smarter bet.  ( 21 min )
    Amazon Starts Round of Layoffs in AWS Cloud Division
    (Bloomberg) -- Amazon.com Inc. has started laying off employees in its cloud services operation amid slowing sales growth in its most profitable division. Most Read from BloombergTesla Drops Model Y Starting Price Below the Average US VehicleUK Blocks Microsoft’s $69 Billion Activision Deal Quants Are ‘Out of Ammo’ for Buying Stocks, Goldman WarnsFirst Republic Bank to Weigh Up to $100 Billion in Asset SalesBRICS Draws Membership Bids From 19 Nations Before SummitAmazon Web Services personnel in  ( 40 min )
    Verizon Has a 7% Dividend Yield. The Payout Could Get Better.
    CEO Hans Vestburg said the phone company has mostly finished $10 billion in spending on C-bank spectrum and that it expects to be generating more cash.  ( 22 min )
    Activision Blizzard Reports Strong Earnings After U.K. Regulators Block $69 Billion Sale to Microsoft
    Activision released financial results a day early after its potential deal with Microsoft was blocked in the U.K. The numbers suggest the company has gained momentum independent of the sale.  ( 23 min )
    ‘Bitcoin Could Skyrocket to $100,000,’ According to Standard Chartered — Here Are 3 Stocks to Take Advantage
    Bitcoin failed to fulfil one of its purposes last year as a hedge against soaring inflation, but it came into its own recently via another original purpose – as a bet against the legacy banking system. Its decentralized and trustless attributes have made the leading crypto one to hold against a backdrop of multiple bank collapses. In fact, delivering gains of 70% though Q1 made it the quarter’s best performing asset. And it has got plenty more room to run, says Geoff Kendrick, head of crypto res  ( 43 min )
    Meta earnings preview: Here's what to expect
    Meta will report its Q1 2023 earnings on Wednesday after market close.  ( 39 min )
    Tesla’s Plunge Drags Valuation Below $500 Billion on Margin Fear
    (Bloomberg) -- Tesla Inc. shares extended their brutal selloff, pulling the company’s market valuation below the key half-trillion dollar mark as investors increasingly fear its price-cutting plan will eat into profits.Most Read from BloombergTesla Drops Model Y Starting Price Below the Average US VehicleUK Blocks Microsoft’s $69 Billion Activision Deal Quants Are ‘Out of Ammo’ for Buying Stocks, Goldman WarnsFirst Republic Bank to Weigh Up to $100 Billion in Asset SalesBRICS Draws Membership Bi  ( 39 min )
    Enphase Sales Warning Pulls Down Stocks in Solar Industry
    CEO Badri Kothandaraman said high interest rates seem to be making solar power less attractive to customers in several states.  ( 23 min )
    How Bed Bath & Beyond is hedging its bankruptcy bet
    The retailer's dual-track strategy borrows from approaches used in both Chapter 11 and Chapter 7 filings.  ( 39 min )
    Billionaire Joseph Edelman Snaps Up These 2 Biotech Stocks — Here’s Why You Should Follow
    American ingenuity has long been the driving force behind the US economy, and few sectors embody this better than biotech. With over 500 biotech firms operating in the US, developing new medical technologies, drug therapies, surgical instruments, and techniques – the list is only limited by imagination. These brilliant vistas come with risks, though, including biotech’s famously high overhead costs, its long lead times to new product introduction, and the burden of regulatory requirements and ap  ( 42 min )
    Tesla Gets Fresh Downgrade; Analyst Questions If Big Profits Were 'Structural' Or Temporary
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    McDonald’s customers are starting to balk at higher Big Mac prices
    McDonald's could have had a fatter quarter, but inflation is causing a problem for the fast food chain.  ( 39 min )
    Bed Bath & Beyond Is Delisting From the Stock Market. What That Means.
    Shares in the retailer, which has filed for bankruptcy, will stop trading on Nasdaq on May 3, the company said.  ( 23 min )
    Nasdaq jumps, buoyed by Microsoft results: Stock market news today
    Investors cheered better-than-expected results from Microsoft.  ( 39 min )
    Pressure mounts on First Republic as stock continues plunge
    The San Francisco lender is considering a variety of alternatives to save itself.  ( 42 min )
    Pressure mounts on First Republic as its stock continues to plunge
    The San Francisco lender is considering a variety of alternatives to save itself.  ( 41 min )
    First Republic Pleads With Big Banks For Rescue. FRC Stock Keeps Tumbling
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    GSK Clocks 10% Growth In Q1 Sales Excluding COVID-19 Products, Reaffirms Guidance
    GSK plc (NYSE: GSK) reported Q1 FY23 sales of £6.95 billion, down 3% Y/Y on the actual exchange rate and 8% on the constant exchange rate. Turnover excluding COVID-19 solutions reached £6.82 billion, up 16% Y/Y (10% at CER), with solid performance across Vaccines, Specialty, and General Medicines. Key growth drivers included the Shingrix vaccine, meningitis vaccines, HIV medicines, Benlysta in immunology, Nucala, and Trelegy in respiratory, contributing more than 40% of sales. Related: GSK To St  ( 38 min )
    Illumina's Q1 Revenue Drop, Dwindling Margins: Outlines Cost Cutting Plans With $100M Savings
    In its Q1 earnings release, Illumina Inc (NASDAQ: ILMN) unveiled plans to accelerate margin improvement and create flexibility for further investment in high-growth areas. The company aims to reduce its annualized run rate expenses by more than $100 million starting later this year. Q1 Revenue of $1.09 billion was down 11% Y/Y (down 9% on a constant currency basis), beating the consensus of $1.07 billion. Adjusted EPS of $0.08 declined from $1.07 a year ago, beating the consensus of $0.02. Also  ( 38 min )
    T. Rowe Price: You Need This Much Saved For Retirement Based on Your Income
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    Will I Have to Pay a Family Member's Taxes If They Die?
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    Dow Jones Futures Rise As Microsoft Surges On Earnings; Tesla Downgraded; Facebook Earnings Next
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    Can I Retire Comfortably at 50 With $1.5 Million?
    Retiring at age 50 would be a dream for most people, as it would leave you with a few decades of time and, hopefully, health, to enjoy your life. The key to achieving this dream, though, is to put aside … Continue reading → The post Can I Retire at 50 With $1.5 Million? appeared first on SmartAsset Blog.  ( 43 min )
    Oil Patch Is Poised for Buyout Wave as US Drillers Seek New Land
    (Bloomberg) -- The US energy patch is ripe for a takeover boom, as oil and gas producers flush with cash turn to dealmaking to find new sites to drill. Most Read from BloombergTesla Drops Model Y Starting Price Below the Average US VehicleUK Blocks Microsoft’s $69 Billion Activision Deal Quants Are ‘Out of Ammo’ for Buying Stocks, Goldman WarnsFirst Republic Bank to Weigh Up to $100 Billion in Asset SalesBRICS Draws Membership Bids From 19 Nations Before SummitEnergy producers raked in record pr  ( 41 min )
    AbbVie Q1 Earnings to Shine a Light on Humira Patent Loss
    AbbVie, the maker of the best-selling drug of the 21st century, likely will say earnings plummeted in the first quarter after it lost the exclusive right to market its blockbuster biologic, Humira.  ( 17 min )
    Enphase Sales Warning Pulls Down Stocks in Solar Industry
    CEO Badri Kothandaraman said high interest rates seem to be making solar power less attractive to customers in several states.  ( 23 min )
    First Republic Shares Slip on Report of Buyers for New Stock
    (Bloomberg) -- First Republic Bank shares slumped on a report that advisers have lined up potential buyers of new stock as part of a rescue plan for the beleaguered lender.Most Read from BloombergTesla Drops Model Y Starting Price Below the Average US VehicleQuants Are ‘Out of Ammo’ for Buying Stocks, Goldman WarnsFirst Republic Bank to Weigh Up to $100 Billion in Asset SalesFox Fired Its Biggest Star Tucker Carlson, Who Badmouthed BossesBRICS Draws Membership Bids From 19 Nations Before SummitA  ( 38 min )
    Another Tesla Analyst Just Downgraded the Stock. What the Worry Is This Time.
    Downgrades are mounting since Tesla reported disappointing first-quarter earnings on April 19.  ( 22 min )
    Boeing earnings: Planemaker reports mixed Q1 results, boosts 737 Max production
    Boeing reported a mixed Q1 earnings report, beating on top line revenue but missing on profit, but said it would be boosting output of its 737 Max planes despite a recent production issue.  ( 40 min )
    11 Bank Stocks Tank Again — Fueling Financial Crisis Dumpster Fire
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    Microsoft’s Purchase of Activision Blocked by U.K. Regulator
    Microsoft plans to appeal the decision by the U.K.'s Competition and Markets Authority to block the company's acquisition of Activision Blizzard.  ( 22 min )
    Microsoft’s $75 Billion Deal for Activision Blizzard Rejected by U.K.
    The country’s competition regulator said the deal would hurt competition in the videogaming industry, raising new bar amid FTC and EU scrutiny.  ( 26 min )
    Boeing loses $425 million but sticks to full-year forecasts
    Boeing lost $425 million in the first quarter — more than Wall Street expected — plagued by production problems while building passenger planes and it had a write-down for a military tanker. Revenue rose 28% from a year earlier, however, as airlines scooped up new jets to meet rising travel demand. CEO David Calhoun called it “a solid first quarter."  ( 39 min )
    Fisker Gets Green Light to Deliver Its EVs. The Stock Is Soaring.
    The Electric-vehicle start-up said its Ocean SUV has been certified for sale by European regulators. Regional deliveries will start May 5. U.S. Deliveries are to follow.  ( 22 min )
    Exxon's Profit Likely Rose 20% as Oil Prices Slumped
    Even with lower oil prices versus a year ago, when they surged after Russia's invasion of Ukraine, Exxon Mobil's profit likely gained significantly in the first-quarter of 2023.  ( 18 min )
    Bitcoin, Ether, top 10 cryptos rise; Asian equity markets mixed
    Bitcoin and Ether rose on Wednesday trade in Asia, along with all top 10 non-stablecoin cryptocurrencies, with Solana and Cardano leading the way.  ( 39 min )
    One Easy Way Elon Musk Could Boost Tesla Stock. He Won’t Like It.
    The electric-vehicles company has been cutting prices to boost sales. Investors may want it to take a different approach.  ( 22 min )
    Thermo Fisher Matches Earnings Estimates. It’s Facing a Covid Comedown.
    Thermo Fisher's first-quarter adjusted earnings meet analysts' expectations even as Covid-19 testing revenue falls sharply.  ( 23 min )
    Facebook Parent Expected to Report Fourth Straight Quarter of Falling Sales
    The Facebook parent is facing weak advertiser demand and privacy headwinds.  ( 25 min )
    First Republic Stock Recovers Slightly. Other Regional Banks Boosted by Deposit Inflows.
    PacWest shares jumped, others including Western Alliance and Zions were trading higher early on Wednesday.  ( 23 min )
    Who's getting laid off in America, by salary range
    Usually in economic slowdowns, it’s low-income workers who get cut first, but the recent increase in unemployment insurance (UI) claims in the US has been more broad-based.  ( 37 min )
    These Stocks Are Moving the Most Today: Microsoft, Alphabet, Enphase, PacWest, Chipotle, and More
    Tech giants Microsoft and Alphabet report better-than-expected earnings, Enphase issues a weak revenue forecast, and PacWest Bancorp says deposits have stabilized.  ( 23 min )
    Netflix Loses 1 Million Spanish Users Over Password Policing
    (Bloomberg) -- Netflix Inc. lost more than one million users in Spain in the first three months of 2023 according to market research group Kantar, a sign that the streaming giant’s crackdown on password-sharing could face pushback.Most Read from BloombergTesla Drops Model Y Starting Price Below the Average US VehicleQuants Are ‘Out of Ammo’ for Buying Stocks, Goldman WarnsFirst Republic Bank to Weigh Up to $100 Billion in Asset SalesFox Fired Its Biggest Star Tucker Carlson, Who Badmouthed Bosse  ( 39 min )
    Alibaba Cuts Cloud Prices to Spur Growth Before Possible IPO
    (Bloomberg) -- Alibaba Group Holding Ltd. is cutting the cost of its cloud services by as much as half, a move that could win users from rivals such as Tencent Holdings Ltd. at a time it’s considering spinning off the fast-growing Aliyun business.Most Read from BloombergTesla Drops Model Y Starting Price Below the Average US VehicleFox Fired Its Biggest Star Tucker Carlson, Who Badmouthed BossesBRICS Draws Membership Bids From 19 Nations Before SummitAirline Cancels Passengers’ $10,000 Business  ( 40 min )
    First Republic stock craters 49% after the bank reveals customers pulled out $100 billion of deposits last quarter
    First Republic's first-quarter earnings show its customers yanked over $100 billion worth of deposits during the recent banking turmoil.  ( 38 min )
    Bitcoin bounces back to US$28,000, Ether gains; U.S. equity futures up on tech earnings
    Bitcoin rose in Wednesday morning trading in Asia to reclaim the US$28,000 mark, with Ether and all other top 10 non-stablecoin cryptocurrencies moving higher.  ( 40 min )
    China Stock Selloff Eases After $446 Billion in Value Wiped Out
    (Bloomberg) -- A rout in Chinese stocks took a breather as bargain hunters emerged after geopolitical tensions wiped out about $446 billion in value for mainland shares this month. Most Read from BloombergTesla Drops Model Y Starting Price Below the Average US VehicleFox Fired Its Biggest Star Tucker Carlson, Who Badmouthed BossesBRICS Draws Membership Bids From 19 Nations Before SummitClarence Thomas’s Billionaire Friend Did Have Business Before the Supreme CourtTucker Carlson’s Fox News Exit E  ( 37 min )
    'That's really bad advice': A real estate investor who owns over 1,000 units and retired at age 36 explains why 'zero-money-down' strategies like wholesaling will no longer work for investors in 2023
    "Bootstrapping" strategies like wholesaling have exploded in popularity, but an investor who owns over 1,250 units shares why they won't work in 2023.  ( 40 min )
    First Republic handed out billions in ultra-low-rate mortgages to the wealthy. It backfired horribly.
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    Investors should be wary of US stocks as the damage from Fed tightening hasn't yet been reflected in markets, BlackRock strategist says
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    A US debt default could spark mass unemployment, payment failures, and catastrophe that would raise interest rates 'into perpetuity,' Treasury Secretary Janet Yellen warns
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    Bullish signals are flashing that suggest the stock market is headed for a 'summer rip', Bank of America says
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    Legendary investor Peter Lynch shares the 2 things investors should look for when picking stocks - and one big pitfall to avoid
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    Microsoft Sees AI Shaking Up Search While Google Calms Investors
    (Bloomberg) -- Alphabet Inc.’s Google and Microsoft Corp., whose quarterly earnings each got a boost from their established search and cloud-computing businesses, used their time with investors to emphasize what’s next: artificial intelligence.Most Read from BloombergTesla Drops Model Y Starting Price Below the Average US VehicleFox Fired Its Biggest Star Tucker Carlson, Who Badmouthed BossesBRICS Draws Membership Bids From 19 Nations Before SummitClarence Thomas’s Billionaire Friend Did Have Bu  ( 40 min )
  • Open

    UK Regulator Blocked Microsoft’s $69 Billion Acquisition of Activision Blizzard
    U.K. regulator blocked Microsoft’s (MSFT) $69 billion acquisition of Activision Blizzard (ATVI) on Wednesday, hobbling the tech giant’s ambitions in the fast-growing European gaming market.  ( 1 min )
  • Open

    Kabinet moet bezuinigen en schrapt STAP-budget, gratis kinderopvang uitgesteld
    Het kabinet moet bezuinigen: de rentelasten op staatsleningen zijn gestegen, de asielopvang is duurder geworden en de schade door gasbevingen in Groningen moet afgewikkeld worden. Bijna alle ministeries moeten geld inleveren. Het scholingsbudget STAP komt te vervallen. Daarnaast wordt de gratis kinderopvang met twee jaar uitgesteld tot 2027, omdat het kabinetsplan niet uitvoerbaar is.  ( 6 min )
    Energierekening volgend jaar verder omhoog door extra kosten voor netbeheerder
    De energierekening gaat in 2024 waarschijnlijk omhoog doordat netbeheerder TenneT meer kosten heeft gemaakt. Naar verwachting betaalt een gemiddeld huishouden komend jaar ruim vijf tientjes meer aan vaste kosten.  ( 3 min )
    Transavia kan niet garanderen dat vakantievluchten doorgaan
    Transavia zit zo krap in de vliegtuigen dat het geen garanties meer durft te geven over het doorgaan van vluchten in deze meivakantie.  ( 3 min )
    Toezichthouder mag Tata Steel in de gaten blijven houden met camera
    De omgevingsdienst die toezicht houdt op Tata Steel mag een camera blijven richten op het terrein van de staalfabriek. De privacy van medewerkers is niet in het geding door de camera, die in de gaten houdt of er schadelijke uitstoot plaatsvindt.  ( 5 min )
    Kappers scholen zich voortaan onder werktijd bij
    Kappers krijgen er in een jaar tijd in twee stappen 9 procent meer loon bij. Bovendien vallen verplichte scholingsavonden voortaan onder werktijd.  ( 3 min )
    Tienjarig jubileum van Willem-Alexander wordt duurste Koningsdag ooit
    Koning Willem-Alexander viert zijn verjaardag donderdag in Rotterdam. Dat gaat zo'n 4 miljoen euro kosten. Het wordt daarmee de duurste Koningsdag ooit. In Maastricht, waar de koning vorig jaar zijn verjaardag vierde, kostte het feest minder dan de helft.  ( 3 min )
    Britse toezichthouder blokkeert overname van gamemaker Activision Blizzard
    Softwarebedrijf Microsoft mag Call of Duty-maker Activison Blizzard niet overnemen. Dat heeft de Britse toezichthouder CMA woensdag besloten. De waakhond is bang dat Microsoft na de overname te veel macht krijgt op de markt voor online games.  ( 3 min )
    Energieprijzen in EU naar recordniveaus in 2022: gas liefst 46 procent duurder
    De energieprijzen in de Europese Unie hebben in de tweede helft van vorig jaar recordniveaus bereikt. De gemiddelde prijs voor elektriciteit ging met ruim 20 procent omhoog. De gasprijs steeg met 46 procent.  ( 3 min )
    Cash is king op de vrijmarkt, maar QR-codes doen ook een duit in het zakje
    We trekken morgen op Koningsdag weer massaal naar de vrijmarkt voor koopjes, spelletjes en iets te snaaien. Maar hoe rekenen we tegenwoordig af? Ondanks betaalapps is contant geld nog niet weg te denken.  ( 5 min )
    Verkoop elektrische auto's bereikt dit jaar recordhoogte
    De wereldwijde verkoop van elektrische auto's zal dit jaar tot recordhoogte stijgen, verwacht het Internationaal Energieagentschap (IEA). Veel automobilisten stappen over op elektrische vervoermiddelen, omdat ze af willen van vervuilende brandstoffen als benzine.  ( 4 min )
    Ruim de helft van Albert Heijns goed bevoorraad ondanks staking distributiecentra
    Meer dan de helft van de AH-supermarkten is op de vierde dag van de staking in distributiecentra goed bevoorraad. Het gaat om filialen die producten krijgen geleverd vanuit Zaandam, Hoorn en Tilburg. Bij de rest van de winkels ontbreken houdbare en verse producten in de schappen.  ( 3 min )
    Microsoft ziet vraag naar hardware dalen en clouddiensten populairder worden
    Windows, Xbox en andere apparaten van Microsoft hebben het afgelopen kwartaal bar weinig opgeleverd. De hardwaremarkt heeft het zwaar na de flinke verkopen tijdens de coronajaren. Maar Microsoft kreeg hulp van de aanhoudende vraag naar clouddiensten.  ( 4 min )
    Zoekmachine en reclametak van Google staan onder druk, maar omzet stijgt toch
    Google-moederbedrijf Alphabet voelt de toenemende concurrentie van andere bedrijven op het gebied van video en zoeken. Advertenties leverden Alphabet opnieuw minder op. Toch wist het bedrijf meer omzet te draaien dan analisten hadden verwacht.  ( 4 min )
    Elektrische auto's blijven wereldwijd populair, verkoop stijgt dit jaar naar record
    De wereldwijde verkoop van elektrische auto's zal dit jaar naar recordhoogte stijgen, verwacht het Internationaal Energieagentschap (IEA). Veel automobilisten stappen over op elektrische vervoermiddelen, omdat ze af willen van vervuilende brandstoffen als benzine.  ( 3 min )
    Winkeliers zien omzet in maart met ruim 4 procent stijgen
    Winkeliers hebben in maart ruim 4 procent meer omzet behaald dan in dezelfde maand vorig jaar. De groei is vooral te danken aan de hogere prijzen, aangezien het totale verkoopvolume met 7 procent daalde.  ( 3 min )
    'Menukaart' vol politieke landmijnen: Jetten scherpt klimaatbeleid aan
    Klimaatminister Rob Jetten presenteert woensdag een aanvullend pakket maatregelen om de klimaatdoelen van 2030 te halen. Hij kan kiezen uit een 'menukaart' met vrijwel alleen maar politieke landmijnen. Lukt het dit kabinet nog de klimaatplannen flink aan te scherpen?  ( 6 min )
    Werken op kantoor blijft de norm, ook met recht op thuiswerken
    We zijn sinds corona gewend om een aantal dagen per week thuis te werken. Maar dat kan alleen na overleg. Werknemers kunnen niet zomaar eisen dat ze vanuit huis mogen werken, ook niet waneer de 'Wet werken waar je wilt' wordt ingevoerd.  ( 5 min )

  • Open

    Why PacWest Bancorp Shares Are Jumping Tuesday Evening
    PacWest Bancorp (NYSE: PACW) reported earnings after the close and beat EPS estimates, sending the stock higher. The move comes after the stock traded down more than 8% in Tuesday’s regular session as banking crisis fears crept back into the market following First Republic Bank’s (NYSE: FRC) worrisome earnings call. PACW EPS came in at $0.66 a share, higher than the estimates of $0.61 a share, according to Benzinga Pro. PacWest says total deposits increased $1.1 billion to $28.2 billion on March  ( 39 min )
    Dow Jones Futures Rise As Microsoft, Google Pop; S&P 500 Reels As First Republic Crashes
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    Anti-trans backlash against Bud Light has executives on the hot seat. What's going on?
    Anheuser-Busch InBev has put two marketing executives on leave amid conservative backlash over Bud Light's partnership with transgender influencer Dylan Mulvaney. Here's what you need to know.  ( 40 min )
    Is It Time To Buy XOM Stock As Exxon Mobil Flirts With Its All-Time High?
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    Stocks will have to plummet like in 2008 for the GOP to raise the debt ceiling, House Democrat says
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    Charles Schwab vs. TD Ameritrade: Which Should You Choose?
    Charles Schwab and TD Ameritrade have similar features and product offerings. TD Ameritrade has a small edge over Schwab, though Schwab acquired TD Ameritrade in 2020.  ( 23 min )
    Here's How Often You Should Rebalance Your Portfolio, According to Vanguard
    Portfolio shifts are a common occurrence for investors, especially active ones. Over time, assets shift out of balance from their original assigned portions and could take you out of your comfort zone. Rebalancing your portfolio realigns your assets to meet … Continue reading → The post Here's How Often You Should Rebalance Your Portfolio, According to Vanguard appeared first on SmartAsset Blog.  ( 39 min )
    Stocks moving in after-hours: Microsoft, Alphabet, Chipotle, Visa
    These are some of the stocks moving in after-hours trade on Tuesday, April 25, 2023.  ( 40 min )
    Illumina Narrowly Squeaks Out First-Quarter Beat As Grail Battle Continues
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    Quants Are ‘Out of Ammo’ for Buying Stocks, Goldman Warns
    (Bloomberg) -- Amid resurgent banking angst, rattled stock markets may have to live without a key source of buying power.Most Read from BloombergTesla Drops Model Y Starting Price Below the Average US VehicleFox Fired Its Biggest Star Tucker Carlson, Who Badmouthed BossesBRICS Draws Membership Bids From 19 Nations Before SummitClarence Thomas’s Billionaire Friend Did Have Business Before the Supreme CourtFirst Republic Bank to Weigh Up to $100 Billion in Asset SalesThat’s the warning from Goldma  ( 40 min )
    How much interest you’d earn by investing $10,000 in a 1-year CD
    CDs can generate hundreds in interest over the course of a year, as long as you don’t touch your money before your CD matures.  ( 39 min )
    Google Earnings, Revenue Top Estimates Amid Cost-Cutting, Bigger Buyback
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    Visa 2Q profits rise 14% on rising credit, debit card usage
    Payment processing giant Visa Inc. said its second-quarter profits jumped 14% from a year earlier on an adjusted basis, as the company continues to benefit from a global increase in credit card and debit card usage. For the past several quarters, Visa's fortunes have been bolstered by a global increase in online payments and usage of credit and debit cards. Visa takes a fee from every transaction processed on its network.  ( 38 min )
    Texas Instruments Tops First-Quarter Targets But Guides Lower
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    Alphabet Stock Rises on Earnings Beat. The Buybacks Are Growing Too.
    Google parent Alphabet reported first-quarter earnings that surpassed Wall Street's expectations.  ( 23 min )
    First Republic stock plummets 49% after revealing deposit exodus in March
    The disclosure raised new questions about the fate of a San Francisco lender that was at the center of a banking system crisis in March.  ( 40 min )
    AMC-APE Spread Widens With Deal ‘Almost Impossible’ in 60 Days
    (Bloomberg) -- The spread between AMC Entertainment Holdings Inc.’s common and preferred shares widened Tuesday after a hearing on the movie-theater’s conversion dispute indicated that a settlement is unlikely in the next two months.Most Read from BloombergTesla Drops Model Y Starting Price Below the Average US VehicleFox Fired Its Biggest Star Tucker Carlson, Who Badmouthed BossesBRICS Draws Membership Bids From 19 Nations Before SummitAirline Cancels Passengers’ $10,000 Business Class Tickets  ( 39 min )
    Boeing Earnings Are Coming. Don’t Get Your Hopes Up.
    The company has missed Wall Street earnings projections in 13 of the past 16 quarters.  ( 22 min )
    Microsoft Beats March-Quarter Targets On Strong Cloud Business
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    Alphabet first quarter earnings top estimates, announces $70B stock buyback
    Investors will eagerly await an update on Alphabet's AI plans when the company reports first quarter earnings after the bell on Tuesday.  ( 38 min )
    Microsoft Q3 earnings: Despite cloud struggles, tech giant beat on revenue and EPS
    Microsoft beat analysts' Q3 expectations on the top and bottom line.  ( 39 min )
    Novartis Stock Hits Record High On A Trio Of First-Quarter Drivers
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    Gen Z is at the top of bosses’ firing list because they think they’re the most difficult generation to work with
    Managers would rather work with the once-maligned millennial than Gen Z. But they're misunderstanding the youngest generation.  ( 39 min )
    ChatGPT Can Predict Stock Market Moves? New Study Shows ChatGPT Surprisingly Accurate in Predicting Stock Moves And Could Even Replace Investment Analysts
    A new study conducted by finance professors from the University of Florida shows the potential value of ChatGPT in predicting stock market movements. See More: A Healthier Alternative to Coffee & Energy Drinks: Pureboost Gives You Energy Without The Burnout and Exhaustion In the study, over 50,000 news headlines about companies dating back to October 2021 were fed to the chatbot, which evaluated whether the news was good, bad or irrelevant to the company's stock prices. Using sentiment analysis,  ( 38 min )
    Fed Hike No Longer Certain for Traders as Bank Woes Spur Bonds
    (Bloomberg) -- Bond traders are no longer fully convinced that the Federal Reserve will do one more quarter-point interest-rate hike.Most Read from BloombergTesla Drops Model Y Starting Price Below the Average US VehicleFox Fired Its Biggest Star Tucker Carlson, Who Badmouthed BossesBRICS Draws Membership Bids From 19 Nations Before SummitClarence Thomas’s Billionaire Friend Did Have Business Before the Supreme CourtFirst Republic Bank to Weigh Up to $100 Billion in Asset SalesShort-end market r  ( 38 min )
    Bud Light’s Controversy Over Dylan Mulvaney, Explained
    Bud Light lost both dollar sales and market share after calls to boycott the brand, while Miller Lite and Coors Light both gained, an industry report said.  ( 23 min )
    First Republic Bank to Weigh Up to $100 Billion in Asset Sales
    (Bloomberg) -- First Republic Bank is exploring divesting $50 billion to $100 billion of long-dated securities and mortgages as part of a broader rescue plan, according to people with knowledge of the matter.Most Read from BloombergFox Fired Its Biggest Star Tucker Carlson, Who Badmouthed BossesClarence Thomas’s Billionaire Friend Did Have Business Before the Supreme CourtTucker Carlson Leaves Fox News in Shakeup After SettlementBRICS Draws Membership Bids From 19 Nations Before SummitJavice Mov  ( 38 min )
    Bud Light’s Controversy, Explained
    Bud Light lost both dollar sales and market share after calls to boycott the brand, while Miller Lite and Coors Light both gained, an industry report said.  ( 23 min )
    Dow Jones Losses Deepen In Afternoon Trading As Google, Microsoft Earnings Loom
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    J&J’s $40 Billion Spinoff Could Rule Consumer Health. But It Has One Rival.
    Kenvue, Johnson & Johnson's consumer health business, could IPO as soon as this week.  ( 23 min )
    Assertio Scoops Up Spectrum Pharma In $248M Stock Deal
    Assertio Holdings Inc (NASDAQ: ASRT) will acquire Spectrum Pharmaceuticals Inc (NASDAQ: SPPI) in an all-stock and contingent value rights (CVR) transaction. Under the terms of the agreement, each Spectrum share will be exchanged for a fixed exchange ratio of 0.1783 shares of Assertio common, implying an upfront value of $1.14 per Spectrum share. Additionally, Spectrum stockholders will receive one CVR per Spectrum share, entitling them to receive up to an additional $0.20 per share (approximatel  ( 38 min )
    Tough Market? Consider These Stocks, Morgan Stanley Says
    Everyone is talking up the prospect of a recession. Mike Wilson, chief U.S. equity strategist at Morgan Stanley, is chief among them. Wilson warns that the Fed’s current restrictive monetary policy portends downside risks that are not priced in the market – and could even spark a recession on the scale of 2008’s crisis. Wilson sees corporate earnings (which are already down in Q1 of this year) as unlikely to bottom out until the third or fourth quarter. In Wilson’s view, the lag between Fed poli  ( 42 min )
    Stocks fall, Nasdaq slumps as all eyes on tech earnings: Stock market news today
    U.S. stock futures were lower on Tuesday as tech conglomerates were set to highlight a busy earnings week.  ( 39 min )
    Microsoft Stock Flashing Bull Signal Before Earnings
    Microsoft stock reports earnings after today's close  ( 38 min )
    Amazon Projected to Turn a Profit Despite Slowdown in Cloud Services Revenue
    Ecommerce giant Amazon.com likely turned a profit in the first quarter even as revenues from its Amazon Web Services (AWS) subsidiary grew at the slowest pace in at least a decade amid increased competition from rival cloud providers.  ( 19 min )
    Dow Q1 Highlights: 22% Sales Decline, Earnings Beat, Challenging Macro & More
    Dow Inc (NYSE: DOW) reports first-quarter FY23 sales decline of 22.4% year-over-year to $11.85 billion, beating the consensus of $11.35 billion. Adjusted EPS was $0.58, beating the consensus of $0.36. Volume decreased 11% Y/Y, led by a 15% decline in Europe, the Middle East, Africa, and India (EMEAI). Local price declined 10% Y/Y and 4% sequentially. Operating EBIT fell by 70.7% Y/Y to $708 million, and margin contracted 990 bps compared to 1Q22 to 6%. Packaging & Specialty Plastics sales decrea  ( 38 min )
    GM Raises 2023 Profit Outlook, Kills Off Chevy Bolt EV
    GM raised its full-year profit outlook for the year and said it would drop the Bolt, as it moves to newer battery technology.  ( 27 min )
    The Warren Buffett of China, whose company just posted a 95% dip in annual profits, is selling billions of dollars of assets — but he says it's 'only pathetic if no one wants what we offer'
    Guo Guangchang seems unfazed by the disposals, and they seem to be working — Fosun International's shares have rebounded from a September low.  ( 39 min )
    Why Danaher Shares Are Falling Today
    Danaher Corp (NYSE: DHR) has logged Q1 FY23 adjusted EPS of $2.36, down from $2.76 a year ago, surpassing the consensus of $2.25. Sales decreased 7% Y/Y to $7.17 billion, beating the consensus of $7.02 billion, with a 4% non-GAAP core revenue decrease, due to lower COVID-19 revenue and 6.0% non-GAAP base business core revenue growth. Operating cash flow for Q1 FY23 reached $1.9 billion. Non-GAAP free cash flow reached $1.7 billion. Rainer M. Blair, President & CEO, stated, "We had a good start t  ( 38 min )
    First Republic’s Survival Plan Could Come at the Cost of Its Prized Wealth Unit
    (Bloomberg) -- First Republic Bank spent decades building its wealth-management franchise into a $290 billion behemoth. Now, that business may become a casualty of the bank’s efforts to save itself. Most Read from BloombergFox Fired Its Biggest Star Tucker Carlson, Who Badmouthed BossesClarence Thomas’s Billionaire Friend Did Have Business Before the Supreme CourtTucker Carlson Leaves Fox News in Shakeup After SettlementBRICS Draws Membership Bids From 19 Nations Before SummitJavice Moved Millio  ( 41 min )
    Boeing Expected to Have Best Q1 Since 2019
    Boeing, the world’s second-largest maker of commercial jets, is set to post its best first-quarter results in three years as it reemerges from the gloom of two fatal crashes and Covid-19.  ( 19 min )
    Verizon Misses Q1 Revenue Expectations, FY23 EPS Outlook Lags
    Verizon Communications Inc (NYSE: VZ) reported a first-quarter FY23 sales decline of 1.9% year-on-year to $32.9 billion, missing the consensus of $33.6 billion. Adjusted EPS of $1.20 was in line with the consensus. Total wireless service revenue was $18.9 billion, up 3% Y/Y, reflecting the company's ownership of TracFone, premium Unlimited strategy, and pricing actions. Postpaid phone net losses were 127,000, and retail postpaid net additions were 633,000. The quarter marked 437,000 total broadb  ( 38 min )
    Former NBCUniversal CEO Jeff Shell accused of sexual harassment by CNBC anchor Hadley Gamble
    Comcast on Sunday said former NBCUniversal CEO Jeff Shell would be stepping down immediately following an investigation into inappropriate conduct.  ( 38 min )
    China's Tensions With US Weighs On Alibaba's Stock, Erases Gains From Latest Revamp
    Alibaba Group Holding Limited (NYSE: BABA) stock gave up the gains fueled by its ambitious restructuring proposal after it slumped in Hong Kong on Tuesday. Alibaba’s latest drop came as China’s deteriorating geopolitical tension with the U.S. posed a dampener for China’s technology shares, Bloomberg reports. “Overall sentiment on China is low now as geopolitical tensions continue to weigh, and it may be difficult for IPO or spin-off activity to pick up momentum in such an environment,” said Marv  ( 38 min )
    Dow Jones Falls On Banking Fears As First Republic Crashes 30%; Google, Microsoft Earnings Next
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    UPS stock drops as weakening consumer demand hits volumes
    The results come amid growing fears of a US recession ahead. UPS' sales decline follows the broader trend of retail sales in the U.S., which dropped on a monthly basis in both February and March.  ( 39 min )
    RTX Stock Trades In Buy Zone After Cruising Past Earnings Forecasts, Reaffirming Outlook
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    Why Novartis Stock Is Trading Higher Today
    Novartis AG (NYSE: NVS) has reported Q1 FY23 core EPS of $1.71 compared to $1.46 a year ago, beating the consensus of $1.55. Net sales were $12.95 billion, up 3% Y/Y or 8% at constant currency (CC), beating the consensus of $12.64 billion. Core operating income was $4.4 billion (+8%, +15% cc). Growth was driven by the strong performance of Entresto, Pluvicto, Kesimpta, Kisqali, and Scemblix. Quarterly revenue from the heart failure drug Entresto jumped 28% to $1.39 billion. Sales from the breast  ( 38 min )
    Down More Than 50%: Buy These 3 Beaten-Down Stocks Before They Rebound, Say Analysts
    Despite the early recovery seen at the start of the year, following 2022’s resolute bear, a sustained bull rally has failed to materialize since. Weighed down by an uncertain global economic backdrop and the prospect of a recession, market conditions have been volatile, with investors seeking clear signals on the market’s direction. Well, according to Carson Group chief market strategist Ryan Detrick, there are plenty of them flashing brightly right now. In contrast to those predicting rough day  ( 42 min )
    GM Ending Chevy Bolt Production By The End Of 2023; Automaker Defies Wall Street With Earnings Gain
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    First Republic stock plummets after revealing deposit exodus in March
    The disclosure raised new questions about the fate of a San Francisco lender that was at the center of a banking system crisis in March.  ( 40 min )
    Oil Slips as Muddy Economic Outlook Blunts Supply-Driven Gains
    (Bloomberg) -- Oil fluctuated as uncertainty about the strength of demand and the direction of the global economy blunted recent supply-driven gains.Most Read from BloombergFox Fired Its Biggest Star Tucker Carlson, Who Badmouthed BossesClarence Thomas’s Billionaire Friend Did Have Business Before the Supreme CourtTucker Carlson Leaves Fox News in Shakeup After SettlementBRICS Draws Membership Bids From 19 Nations Before SummitJavice Moved Millions From JPMorgan to Signature Months Before Collap  ( 38 min )
    Do I Have More in Savings Than the Average American 70-Year-Old?
    Part of retirement planning includes determining how much to save and invest so you can enjoy the type of lifestyle you desire. Setting your savings target by age can be a good way to organize your strategy and gauge how … Continue reading → The post How Much Does the Average 70-Year-Old Have in Savings? appeared first on SmartAsset Blog.  ( 40 min )
    How to (Legally) Avoid Taxes on a Used Car
    Sales tax on large purchases, like a car, is crucial to factor into the price. Depending on where you live and the price of your car, sales tax can cost you thousands of dollars. But did you know there are … Continue reading → The post How to Legally Avoid Paying Sales Tax on a Used Car appeared first on SmartAsset Blog.  ( 40 min )
    General Motors CFO: We will double EV production in the second half of the year
    GM strikes a bullish tone on the pace of its EV production.  ( 39 min )
    4 Money Lessons From High-Net-Worth People That You Need Right Now
    Advisors often work with high-net-worth clients and are able to understand the expectations wealthy clients have about managing their finances. The good news is that some of those takeaways can be applied to clients who are not high-net-worth individuals. Read … Continue reading → The post 4 Lessons Advisors Can Learn From High-Net-Worth Clients – That Apply to Regular Clients appeared first on SmartAsset Blog.  ( 38 min )
    Cathie Wood's ARK Invest sees Tesla stock at $2,000 on $600B robotaxi business
    Cathie Wood's ARK Invest has long held ambitious price targets on Tesla stock. Their latest forecast would put Tesla's market value north of $5 trillion.  ( 39 min )
    These Stocks Are Moving the Most Today: UPS, GM, GE, 3M, First Republic, Verizon, Spotify, and More
    Barron's live coverage of financial markets, from stocks and bonds to oil and crypto.  ( 20 min )
    Why PepsiCo Shares Are Gaining Tuesday Morning
    PepsiCo Inc (NASDAQ: PEP) shares are up Tuesday morning following its first-quarter results, which topped the Street view. PEP reported first-quarter FY23 sales growth of 10.2% year-on-year to $17.85 billion, beating the consensus of $17.22 billion. Net revenue from Frito-Lay North America increased 15% Y/Y, Quaker Foods North America rose 9%, and PepsiCo Beverages North America climbed 8%. Latin America sales jumped 21% Y/Y, and Europe sales grew 5%. Gross profit increased 12.4% Y/Y to $9.7 bil  ( 38 min )
    Oil Earnings Are Fizzling. These 5 Companies Stand Out.
    Oil is still relatively pricey at around $80 per barrel, but it has come down considerably from its peaks.  ( 23 min )
    First Republic slides before the bell after depositor exodus
    First Republic Bank's stock is plunging before the opening bell Tuesday after it said depositors withdrew more than $100 billion during last month’s crisis, with fears swirling that it could be the third bank to fail after the collapse of Silicon Valley Bank and Signature Bank. The San Francisco bank said Monday that it was only able to staunch the bleeding after a group of large banks stepped in to save it by depositing $30 billion in uninsured deposits. It said it now plans to sell off assets and restructure its balance sheet, and lay off as much as a quarter of its workforce, which totaled about 7,200 employees at the end of 2022.  ( 38 min )
    Western Alliance, PacWest, and Other Regional Bank Stocks Fall. Here’s Why.
    Western Alliance Bancorp and Zions Bancorp are both down after First Republic reported it had to borrow heavily to cover outflows in the first quarter.  ( 23 min )
    Biogen Earnings Beat Expectations, but All Eyes Are on Alzheimer’s Drug
    The company said it was dropping a number of drug-development initiatives, including two stroke drugs.  ( 23 min )
    JetBlue Beats Earnings Estimates. Why Its Outlook Will Grab Attention.
    JetBlue's second quarter and full-year guidance beat analysts' estimates, suggesting robust demand in the months ahead.  ( 22 min )
    Dismal Chip Demand Could Halve Intel's Q1 PC Revenue
    Intel is expected to report an almost 40% drop in revenue and significant net losses as PC sales and macroeconomic headwinds devastate the microchip industry.  ( 11 min )
    Record High Manhattan Apartment Rents May Not Save Blackstone From Default
    Cash flow from a portfolio of apartments isn’t enough to cover the cost of all the debt, a report said.  ( 25 min )
    3M to Restructure, Cut 6,000 Jobs
    The company  also reported lower income for the quarter ended March 31 compared with the same period a year ago.  ( 25 min )
    GM Crushes Earnings Estimates. They Were Much Better Than Tesla’s.
    General Motors reports first-quarter adjusted operating profit of $3.8 billion and earnings of $2.21 a share. Wall Street was looking for operating profit of $3.2 billion, and earnings of $1.72 a share.  ( 23 min )
    Bitcoin, all top 10 cryptos fall; Asian equity markets drop on rising Covid fears
    Bitcoin fell in Tuesday afternoon trade in Asia, along with all other top 10 non-stablecoin cryptocurrencies. Polygon was the biggest loser followed by Solana.  ( 38 min )
    Verizon Q1 Revenue Misses As Consumer Wireless Business Struggles
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    American Airlines Recovery May Have Stalled in Q1
    American Airlines' post-pandemic recovery stalled in the first quarter, but better days may lie ahead as peak travel season looms.  ( 13 min )
    Raytheon Technologies Beats on Earnings, Raises Dividend
    The aerospace parts supplier has a record order backlog amid growing demand driven by global airline travel and defense systems.  ( 22 min )
    GM earnings: Strong Q1 revenue and profit, full-year guidance lifted
    General Motors reported strong first quarter earnings on Tuesday morning, continuing its strong run of quarterly reports as the largest automaker in the U.S. gears up for a big year of electric vehicle launches.  ( 39 min )
    McDonald's earnings: Sales growth tops estimates as prices, traffic boost results
    With investor concerns about the US economy continuing to swirl, investors will look for signs on the health of the consumer when McDonald's reports results Tuesday morning.  ( 38 min )
    ABB Shares Up On Q1 Earnings Beat, Announces ADRs Delisting From NYSE
    ABB Ltd (NYSE: ABB) reported Q1 2023 revenue of $7.86 billion, up 13% Y/Y and 22% Y/Y on a comparable basis, exceeding the consensus of $7.49 billion. Orders increased by 1% Y/Y to $9.45 billion and grew 9% Y/Y on a comparable basis. Electrification revenue $3.59 billion (+11% Y/Y), Orders $4.14 billion (+1% Y/Y) and Backlog $7.10 billion (+19% Y/Y). Motion revenue $1.94 billion (+23% Y/Y), Orders $2.26 billion (+3% Y/Y) and Backlog $5.10 billion (+18% Y/Y). Process Automation revenue $1.44 bill  ( 38 min )
    Halliburton Earnings Defy Falling Oil Prices. Why the Stock Is Still Dropping.
    The company's earnings per share came in at 72 cents, compared with expectations for 67 cents. Revenue was $5.7 billion, against the $5.5 billion expected.  ( 23 min )
    GE Sales Rise on Demand for Jet Engines
    The manufacturer’s first-quarter revenue jumped 25% in the aerospace business while orders rose 14%.  ( 25 min )
    Frank founder moved millions of dollars out of JPMorgan after she was accused of defrauding the Wall Street giant—and put it in Signature Bank
    Javice rushed to pull her funds out of Signature Bank after it was taken over by the FDIC in March.  ( 39 min )
    The new 9-to-5 starts at 6 p.m. for many Gen Zers and millennials —and they’ll walk out on employers who don’t accommodate their schedule
    With Gen Z set to take up 25% of the workforce by 2025, could we see firms shifting their working hours later to accommodate young nightowls?  ( 38 min )
    These Stocks Are Moving the Most Today: First Republic, UPS, PepsiCo, GM, GE, Microsoft, Alphabet, and More
    Shares of First Republic tumble after deposits at the regional lender sank in the first quarter, United Parcel Service trims its revenue outlook, and earnings reports from Microsoft and Alphabet are coming after Wall Street closes Tuesday.  ( 23 min )
    Pepsi Earnings Beat Expectations. The Stock Is Rising.
    PepsiCo raised its full-year profit guidance after its first quarter earnings beat analysts' expectations, helped by resilient demand and price hikes.  ( 22 min )
    Spotify earnings: Paying users jump, ad softness hurts revenue
    Spotify reported earnings before the bell on Tuesday. Here's what to know.  ( 39 min )
    Sliding Diesel Prices Signal Warning for U.S. Economy
    A “freight recession” means fewer trucks carrying goods across the country.  ( 28 min )
    Stocks Fall Ahead of Big Earnings Day
    U.S. stock futures fell early Tuesday as investors awaited a slew of major earnings releases from companies including Alphabet, Microsoft, PepsiCo, and McDonald’s. Futures on the S&P 500 pointed down 0.5% ahead of the open, while Dow futures were 0.4% lower and futures on the technology-heavy Nasda  ( 28 min )
    Got some cash? Here are 3 places to park your money.
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    Regional Bank Stocks Fall Again. Here’s Why.
    Western Alliance Bancorp and Zions Bancorp are both down after First Republic reported it had to borrow heavily to cover outflows in the first quarter.  ( 23 min )
    Alibaba Erases Gains From Spinoff Hype Amid Geopolitical Worries
    (Bloomberg) -- The euphoria surrounding Alibaba Group Holding Ltd.’s spinoff plan appears to be all but over.Most Read from BloombergTucker Carlson Leaves Fox News in Shakeup After SettlementClarence Thomas’s Billionaire Friend Did Have Business Before the Supreme CourtFox Fired ‘Uncontrollable’ Host Tucker Carlson, Who Badmouthed BossesTucker Carlson’s Fox News Exit Erases $507 Million in ValueCNN Anchor Don Lemon Says He Has Been Fired From the NetworkThe e-commerce giant’s stock has erased al  ( 38 min )
    ‘Crypto is dead in America’ thanks to regulators, says investor Chamath Palihapitiya, who once thought Bitcoin could hit $200,000
    “The United States authorities have firmly pointed their guns at crypto,” the investor said in a podcast episode released Saturday.  ( 39 min )
    Stocks Fall With US Futures as Earnings Roll In: Markets Wrap
    (Bloomberg) -- Losses in Chinese shares dragged down Asia’s equities as investors assessed whether the nation’s reopening story still has room to run amid economic and geopolitical headwinds.Most Read from BloombergTucker Carlson Leaves Fox News in Shakeup After SettlementClarence Thomas’s Billionaire Friend Did Have Business Before the Supreme CourtFox Fired ‘Uncontrollable’ Host Tucker Carlson, Who Badmouthed BossesTucker Carlson’s Fox News Exit Erases $507 Million in ValueCNN Anchor Don Lemon  ( 40 min )
    Bitcoin Is Falling. Liquidity Concerns Are Rising.
    Bitcoin falls to around $27,300, dropping from more than $30,000 last week as central bank actions add to concerns over declining monetary liquidity.  ( 22 min )
    BofA, JPMorgan Say Time to Sell as Europe Stocks Face Risks
    (Bloomberg) -- The rebound in European equities since mid-March has failed to win over strategists, who predict that the sustained campaign of central-bank interest rate hikes will stall the rally. Most Read from BloombergTucker Carlson Leaves Fox News in Shakeup After SettlementClarence Thomas’s Billionaire Friend Did Have Business Before the Supreme CourtFox Fired ‘Uncontrollable’ Host Tucker Carlson, Who Badmouthed BossesTucker Carlson’s Fox News Exit Erases $507 Million in ValueCNN Anchor Do  ( 40 min )
    Microsoft Earnings Are Coming Up. What to Expect.
    At least for the quarter ended March, weak PC demand and decelerating cloud growth will overshadow the long-term impact of Microsoft's big AI push.  ( 22 min )
    Thermo Fisher Stock Has Soared. It’s Still Cheap—and Has Plenty of Upside.
    The scientific instruments company makes the devices used by pharmaceutical companies, and stands to come out ahead no matter which drugs are successful.  ( 22 min )
    Oil Earnings Are Fizzling. These 5 Companies Stand Out.
    Oil is still relatively pricey at around $80 per barrel, but it has come down considerably from its peaks.  ( 23 min )
    Alibaba Erases Gains From Spinoff Hype Amid Geopolitical Worries
    (Bloomberg) -- The euphoria surrounding Alibaba Group Holding Ltd.’s spinoff plan appears to be all but over.Most Read from BloombergTucker Carlson Leaves Fox News in Shakeup After SettlementClarence Thomas’s Billionaire Friend Did Have Business Before the Supreme CourtFox Fired ‘Uncontrollable’ Host Tucker Carlson, Who Badmouthed BossesTucker Carlson’s Fox News Exit Erases $507 Million in ValueCNN Anchor Don Lemon Says He Has Been Fired From the NetworkThe e-commerce giant’s stock has erased al  ( 38 min )
    China’s Deepening Selloff Shows Investors Are Losing Confidence
    (Bloomberg) -- A selloff in Chinese equities is deepening as traders weigh a barrage of economic and geopolitical risks, with global funds accelerating their exodus.Most Read from BloombergTucker Carlson Leaves Fox News in Shakeup After SettlementClarence Thomas’s Billionaire Friend Did Have Business Before the Supreme CourtFox Fired ‘Uncontrollable’ Host Tucker Carlson, Who Badmouthed BossesTucker Carlson’s Fox News Exit Erases $507 Million in ValueCNN Anchor Don Lemon Says He Has Been Fired Fr  ( 38 min )
    The stock market is unusually quiet right now. Here's why that won't last, and why traders should sell on any bounce.
    No content preview
    Only 10 carmakers will survive global EV battle, says Tesla rival Xpeng
    News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 6 min )
    Dow Jones Futures: First Republic Bank Crashes 20% On 'Unprecedented' Deposit Flight
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    Stocks are headed into risky territory as the Fed keeps policy tight and earnings growth slows, Morgan Stanley's chief stock strategist says
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  • Open

    Microsoft Tops Cloud Computing Expectations; Alphabet Ad Revenue Slips
    Microsoft beat expectations for cloud segment growth and Alphabet reporting declining ad revenue.  ( 16 min )
    What Is a Money Order, How Does It Work, and How Do I Get One?
    A money order is a certificate, usually issued by governments and banking institutions, that's a safe alternative to cash or a personal check. It works similarly to a check.  ( 24 min )
    Charles Schwab vs. TD Ameritrade: Which Should You Choose?
    Charles Schwab and TD Ameritrade have similar features and product offerings. TD Ameritrade has a small edge over Schwab, though Schwab acquired TD Ameritrade in 2020.  ( 23 min )
    Bank Worries Send Markets Lower
    U.S. equities tumbled on April 25, 2023, as a report from First Republic (FRC) renewed concerns about the strength of the banking sector.  ( 16 min )
    Binance.US Backs Out of $1.3 Billion Voyager Deal
    Binance.US had agreed to buy the bankrupt lender's assets for $1.3 billion. Voyager said it will directly distribute funds to customers as a part of the Chapter 11 process.  ( 16 min )
    Do I Need a Financial Advisor?
    Before you hire a financial advisor, you should evaluate your own financial situation and understand the types of advisors that exist. This is how to decide if you need a financial advisor.  ( 29 min )
    U.S. Home Price Growth Slowed in February, Leading to a Pickup in March Sales
    Home prices rose 2% in February, at a slower pace than the prior month. Some cities, like Miami, Tampa and Atlanta, showed larger increases, while others had declines.  ( 18 min )
    White House Threatens Veto of Republicans’ Debt Limit Budget Plan
    Republicans are calling for negotiations, while Democrats denounce “hostage-taking” tactics as debt deadline approaches.  ( 19 min )
    Top 25 Developed and Developing Countries
    Learn the difference between developed and developing countries, along with a list of the status of the 25 top countries by GDP.  ( 45 min )
    Snap Expected to Post Narrower Loss, Decline in Revenue
    Snap Inc., which owns social-media app Snapchat, is seen posting a narrower loss and lower Q1 revenue on declining ad spending when it reports first quarter results on Thursday.  ( 17 min )
    Southwest's Losses Expected To Shrink in Q1 as It Shakes Off Disastrous Holiday Season
    Southwest Airlines, America's second-largest airline by market capitalization, is expected to report losses narrowed in the first quarter, with the air travel rebound and increased capacity helping offset higher fuel costs.  ( 19 min )
    Negotiable Instruments: Definition, Types, and Examples
    A negotiable instrument, such as a personal check, is a signed document that promises an amount to be paid to a specified person or assignee.  ( 20 min )
    Top CD Rates Today, April 25
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 16 min )
    Should Your 401(k) Be in an Annuity?
    Housing a retirement plan inside a variable annuity contract offers some big advantages, but mostly if the account holder is close to retirement.  ( 28 min )
    What Is the Full Retirement Age (FRA) for Social Security?
    Full retirement age is the age at which you can receive full Social Security retirement benefits. Your FRA varies depending on the year you were born.  ( 25 min )
    Mandatory Distribution Definition
    A mandatory distribution, or required minimum distribution (RMD), is the minimum amount you must withdraw from certain retirement accounts each year.  ( 22 min )
    Excess Accumulation Penalty
    The excess accumulation penalty is due to the IRS when a retirement account owner fails to withdraw the required minimum amount for the year.  ( 22 min )
    Microfinance Definition: Benefits, History, and How It Works
    Microfinance is a banking service that is provided to low-income individuals who have no other means of gaining financial services.  ( 28 min )
    Marcus CD Rates: April 2023
    CDs offer a conservative investment for a set number of months or years. Marcus offers competitive CD rates on a variety of terms.  ( 18 min )
    Synchrony Bank CD Rates: April 2023
    If you want to put some money away for savings, Synchrony Bank’s CD accounts have some of the most competitive rates on the market. See if Synchrony’s CD is the right fit for you.  ( 20 min )
    Terra Co-Founder Indicted in South Korea on Violations of Capital Markets Law
    The South Korean indictment of Terraform Labs co-founder Daniel Shin on Tuesday centers on the rapid collapse of TerraUSD and its sister coin Luna last year.  ( 16 min )
    Why Banks Don't Need Your Money to Make Loans
    Here's more information about how banks don't need your money to make loans, but they do want it to make those loans more profitable.  ( 22 min )
    How to Pre-Qualify for a Loan
    Before taking out a personal loan, you should pre-qualify with several lenders to find the best possible rates. We’ll show you how to pre-qualify for loans and compare your options.  ( 21 min )
    American Express CD Rates: April 2023
    American Express CD rates can be much higher than average with certain terms, and there’s no minimum balance to open a new CD.  ( 19 min )
    Truist CD Rates: April 2023
    Considering a new certificate of deposit (CD) account? Learn more about Truist Bank’s CD, its terms, rates, account features, and early withdrawal penalties.  ( 18 min )
    TIAA Bank CD Rates: April 2023
    CDs can be helpful for consumers looking to put their money to work. We reviewed TIAA Bank’s CD rates so you can see if TIAA makes sense for your finances.  ( 18 min )
    Basic Reparations Benefits Definition
    Basic reparations benefits are a type of automobile insurance that provides assistance with medical expenses, lost income, and essential services.  ( 18 min )
    Wells Fargo CD Rates: April 2023
    Wells Fargo CD rates are tiered for most of their terms and require a relatively high minimum deposit. Here's what to know before you open a CD with the bank.  ( 19 min )
    Amazon Projected to Turn a Profit Despite Slowdown in Cloud Services Revenue
    Ecommerce giant Amazon.com likely turned a profit in the first quarter even as revenues from its Amazon Web Services (AWS) subsidiary grew at the slowest pace in at least a decade amid increased competition from rival cloud providers.  ( 18 min )
    Do I Have to File Taxes?
    Not everyone needs to file annual tax returns. Learn about the requirements that determine whether or not you must file tax returns each year.  ( 23 min )
    TD Bank CD Rates: March 2023
    Looking for the latest TD Bank CD rates? Our guide covers the current rates, term lengths, and minimum deposit requirements, helping you make an informed decision.  ( 19 min )
    Required Beginning Date (RBD) Definition
    The IRS required beginning date is the date individuals with retirement plans must begin taking required minimum distributions from their accounts.  ( 22 min )
    How To Buy a New Car in 2023
    Buying a new car is a big decision. Follow our step-by-step guide to ensure you get the best deal possible when you are ready to start the process.  ( 20 min )
    Monthly Treasury Average (MTA) Index Definition
    The Monthly Treasury Average (MTA) is an interest index used to set the interest rate for some adjustable-rate mortgages (ARMs).  ( 19 min )
    Money Market Yield: Definition, Calculation, and Example
    The money market yield is the interest rate earned by investing in securities with high liquidity and maturities of less than one year.  ( 21 min )
    PNC Bank CD Rates: April 2023
    A CD can be a smart way to set aside cash. Learn about PNC Bank’s CD rates, the ins and outs of opening one, and how these CDs compare with select competitors.  ( 18 min )
    Today's Mortgage Rates & Trends - April 25, 2023: Rates Mostly Flat
    Most mortgage averages moved just a basis point or two, or were flat entirely. The 30-year average dipped further below the 7% threshold it breached last week.  ( 19 min )
    Boeing Expected to Have Best Q1 Since 2019
    Boeing, the world’s second-largest maker of commercial jets, is set to post its best first-quarter results in three years as it reemerges from the gloom of two fatal crashes and Covid-19.  ( 18 min )
    USAA CD Rates: April 2023
    USAA Bank offers many competitive CD options that consumers can choose from to fit their financial goals. Find out if USAA Bank CDs are right for you.  ( 18 min )
    Ally Bank CD Rates: April 2023
    Ally Bank CD rates are competitive, and there is no minimum deposit required to open. Several term options, as well as a special no-penalty CD, are available.  ( 18 min )
    3 Banking Moves You Should Make Before Traveling
    Putting your finances in order should be one of your top priorities before traveling out of the country.  ( 14 min )
    5 Airlines That Offer Refundable Plane Tickets
    Many airlines offer both refundable and non-refundable tickets. Here are some examples of prices for refundable airline fares for five U.S. airlines.  ( 16 min )
    5 Money Market Account Misconceptions
    Money market accounts can be helpful spots for investors to park their money. Here are five key things to keep in mind when opening an account.  ( 16 min )
    5 Things to Know Before Markets Open
    First Republic Bank shares declined after the bank's deposits fell by 40% and UBS profits sank in the first quarter as it prepares to take over Credit Suisse. Here’s what investors need to know today.  ( 11 min )
    Dismal Chip Demand Could Halve Intel's Q1 PC Revenue
    Intel is expected to report an almost 40% drop in revenue and significant net losses as PC sales and macroeconomic headwinds devastate the microchip industry.  ( 11 min )
    Paying Bills with Prepaid Cards
    Prepaid cards may be used to both pay bills—either as a one-time transaction or recurring transaction—and transfer money to other cards of the same brand. Learn more here.  ( 15 min )
    American Airlines Recovery May Have Stalled in Q1
    American Airlines' post-pandemic recovery stalled in the first quarter, but better days may lie ahead as peak travel season looms.  ( 11 min )
    7 Top Ways to Earn Airline Miles
    Even if you rarely fly, you can pile up points that are good for travel or other rewards.  ( 17 min )
    Why Is Most of My Mortgage Payment Going to Interest?
    With most mortgages, the amount of interest on a loan will get smaller as the principal balance is paid off.  ( 17 min )
    All You Need to Know About GDPR, the New Data Law
    Here’s a look at the General Data Protection Regulation (GDPR) that will take effect on May 25  ( 15 min )
    The World Wide Web Inventor Thinks Tech Giants Need to Be Broken Up
    Tim Berners-Lee voiced his disappointment at what the web has become and said action must be taken to restore its core values.  ( 12 min )
    7 Smart Ways to Raise Cash Fast
    You suddenly need money for an unexpected expense or life event. What are the most effective and responsible ways to get it? Here are answers.  ( 20 min )
    Why Are ETF Fees Lower Than Mutual Fund Fees?
    Discover all the reasons ETFs typically have lower fees than mutual funds, including their passive management and the absence of load and 12b-1 fees.  ( 14 min )
  • Open

    Bedrijven voorzichtiger met nieuwe vacatures nu economie afkoelt
    De Nederlandse economie koelt af en dat is terug te zien op de arbeidsmarkt. Het aantal openstaande vacatures is in maart licht afgenomen tot 380.000, een daling van 5 procent ten opzichte van dezelfde maand vorig jaar. Het aantal nieuwe vacatures daalde zelfs met 10 procent.  ( 4 min )
    Nutri-Score moet je gezond laten kiezen in supermarkt, ook tussen pizza's
    Welk brood is het gezondst en welke pizza is de beste keuze? Vanaf 2024 kun je in de supermarkt vaker producten vergelijken via de dan officieel geldende Nutri-Score. Die toont in een oogopslag of je een gezonde keuze maakt.  ( 4 min )
    Nutri-Score moet gezonde keuze in supermarkt aanmoedigen, ook tussen pizza's
    Welk brood is het gezondst en welke pizza is de beste keuze? Vanaf 2024 kun je in de supermarkt vaker producten vergelijken via de dan officieel geldende Nutri-Score. Die toont in een oogopslag of je een gezonde keuze maakt.  ( 4 min )
    Na drie dagen staking bij Albert Heijn is het einde nog niet in zicht
    Vakbonden willen langer doorgaan met stakingen bij Albert Heijn. Aanvankelijk zou woensdag de laatste actiedag zijn, maar FNV en CNV zeggen dat ze doorgaan tot het niet meer nodig is. Of dit tot meer lege schappen leidt, is nog niet duidelijk.  ( 4 min )
    Nieuwe Barbie heeft syndroom van Down en moet stigmatisering tegengaan
    Naast Barbies met allerlei etnische achtergronden maakt speelgoedfabrikant Mattel nu ook een pop met het syndroom van Down. Het bedrijf wil hiermee stigmatisering tegengaan en kinderen empathie bijbrengen.  ( 3 min )
    Europa verscherpt toezicht op grote techbedrijven als Google en Meta
    Google, Amazon, Meta, Microsoft en andere grote techbedrijven vallen vanaf augustus onder de Europese Digital Service Act (DSA). Dat meldt Eurocommissaris Thierry Breton dinsdag. De wet moet ervoor zorgen dat inwoners van de Europese Unie online beter zijn beschermd.  ( 3 min )
    Verlenging graandeal Oekraïne en Rusland weer op losse schroeven
    Rusland wil de graandeal met Oekraïne niet meer verlengen. De huidige deal, die ervoor zorgt dat Oekraïne ondanks de oorlog graan kan verschepen over de Zwarte Zee, loopt op 18 mei af. Oekraïne wil dat er meer druk op Rusland wordt gezet.  ( 4 min )
    Muziekdienst Spotify bereikt mijlpaal van half miljard luisteraars
    Spotify heeft het aantal luisteraars flink zien groeien in het eerste kwartaal van dit jaar. Wereldwijd maken 515 miljoen mensen maandelijks gebruik van de muziekdienst. Toch wist het bedrijf geen winst te maken. Het verlies kwam uit op 156 miljoen euro.  ( 3 min )
    Na Albert Heijn slaat ook Jumbo slag bij Limburgse Jan Linders-supermarkten
    De zuidelijke supermarktketen Jan Linders verdwijnt uit het straatbeeld. Tien winkels van de keten gaan over naar Jumbo, Plus en ALDI. Eerder werd al bekend dat de overige Jan Linders-supermarkten dit jaar omgebouwd worden tot Albert Heijn.  ( 3 min )
    Randstad pakt tekorten kinderopvang aan: 32.000 nieuwe mensen in 2025
    Uitzender Randstad gaat zich actief inzetten om de krapte op de arbeidsmarkt tegen te gaan. Zo werkt het bedrijf momenteel aan een masterplan om de tekorten in de kinderopvang op te lossen. In de sector staan momenteel zevenduizend vacatures open.  ( 4 min )
    Ziekteverzuim in de zorg daalt (eindelijk) weer
    Het aantal ziekmeldingen in de zorg neemt af. Met name onder jongeren is het verzuim in de eerste drie maanden van dit jaar hard gedaald.  ( 3 min )
    Holland Casino boekt winst, maar is nog niet terug op het oude niveau
    Holland Casino heeft vorig jaar weer winst gemaakt. Toch is het bedrijf na twee lastige coronajaren nog niet terug op het oude niveau. De bezoekersaantallen vallen nog tegen.  ( 3 min )
    Nederlands iDEAL moet het Europese antwoord op creditcard worden
    ING, ABN AMRO en Rabobank brengen het online betaalsysteem iDEAL onder bij het Europese samenwerkingsverband van banken EPI. Voor wie in Nederland online shopt, verandert in ieder geval de komende jaren niets, belooft initiatiefnemer ING.  ( 3 min )
    Grote supermarktketens maken nog steeds vaak fouten op de kassabon
    Controleer in de supermarkt altijd je kassabon, want bij drie grote ketens klopt die regelmatig niet. Nog altijd staan op de bonnen vaak andere prijzen dan op het schap, concludeert de Consumentenbond.  ( 3 min )
    Vooral Albert Heijn-winkels in noordoosten geraakt door stakingen
    De effecten van acties in de distributiecentra van Albert Heijn zijn vooral zichtbaar in de circa honderd supermarkten in het noordoosten van het land. Dat laat een woordvoerder van de supermarktketen aan NU.nl weten.  ( 3 min )
    Ook kamerbewoners kunnen vanaf vandaag eindelijk energiesteun aanvragen
    Huishoudens die hun energieaansluiting delen met buren kunnen na lang wachten compensatie krijgen voor de hoge prijzen van gas en elektriciteit. Het loket voor het aanvragen van energiesteun voor huishoudens met zo'n warmte- of elektriciteitsaansluiting (blokaansluiting) is vanaf vandaag geopend.  ( 3 min )
    Loket energiesteun voor huishoudens met blokaansluiting gaat eindelijk open
    Huishoudens die hun energieaansluiting delen met buren kunnen na lang wachten compensatie krijgen voor de hoge prijzen van gas en elektriciteit. Het loket voor het aanvragen van energiesteun voor huishoudens met een blokaansluiting wordt dinsdag geopend.  ( 3 min )
    Eén jaar na invoering sancties is er nog weinig Russisch vastgoed gevonden
    Ruim een jaar na invoering van sancties tegen Rusland is in Nederland voor 644 miljoen euro aan tegoeden uit het land bevroren. Ook zijn er twee schepen en vijf vliegtuigen waar Russen niet meer bij kunnen. De oogst bij vastgoed valt tegen.  ( 5 min )
  • Open

    Getty Images Shares Soar on Buyout Offer
    Shares of Getty Images (GETY), the provider of stock photos, jumped 31% on April 24, 2023, following news of a buyout bid by Trillium Capital.  ( 1 min )
  • Open

    5 Things to Know Before Markets Open
    Bed Bath & Beyond filed for bankruptcy after failing in its turnaround efforts and Big Tech companies like Alphabet, Microsoft and Amazon will highlight earnings reports this week. Here’s what investors need to know today.  ( 1 min )
    Markets Mixed Ahead of Tech Earnings
    U.S. equities were mixed and little changed on April 24, 2023, ahead of key tech earnings reports being released in the week.  ( 1 min )

  • Open

    Here are 10 reasons why investors should own stocks right now despite fears of an imminent recession, according to Bank of America
    No content preview
    Google parent Alphabet discloses how much it compensated CEO Sundar Pichai in 2022
    Google parent Alphabet on Friday disclosed in an SEC filing how much compensation it gave CEO Sundar Pichai for the prior year — approximately $226 million.  ( 38 min )
    First Republic to Cut Staff After 40% Plunge in Deposits
    Troubled regional lender First Republic Bank announced that it will cut about a quarter of its staff to reduce expenses after deposits plunged by 40% in Q1 2023.  ( 11 min )
    First Republic Joins the Living Dead
    The bank can survive, but it can’t thrive for the foreseeable future because of the costs of its rescue.  ( 26 min )
    Bud Light rivals stealing sales after Dylan Mulvaney controversy
    Amid Dylanm Mulvaney controversy, Bud Light's dollar share value loses almost the same amount as Coors Light and Miller Lite's dollar share gain in latest week.  ( 37 min )
    ‘Panic Over Recession Is Overblown,’ Says BMO — Now Might Be an Opportune Time to Jump Into These 2 Stocks
    Earnings season is now in full swing, and expectations are that the Q1 readout will turn out to be the second year-over-year quarterly decline in a row for S&P 500 firms. As such, BMO’s chief investment strategist Brian Belski points out that many investors are “worried that an earnings recession will significantly hinder market performance in the months ahead and inevitably translate into an economic recession later this year.” However, according to Belski, such conclusions are “not necessarily  ( 41 min )
    Bed Bath & Beyond Gets Fresh $40 Million to Fund Bankruptcy
    (Bloomberg) -- Bed Bath & Beyond Inc. won permission Monday to tap $40 million, money the retailer said it needs to cover payroll for its roughly 14,000 employees and buy management time to try and locate a buyer in Chapter 11 bankruptcy to rescue some or all of its stores.Most Read from BloombergTucker Carlson Leaves Fox News in Shakeup After SettlementFour Reasons Why Investors Expect US Dollar to Keep SlidingBud Light Takes the Cowardly Way OutMacron’s Push to Get China’s Help on Ukraine Is U  ( 39 min )
    India is gorging on cheap Russian oil - and it's crushed OPEC's market share in the country to a 2-decade low
    Data analyzed by Reuters showed that Russia overtook Iraq for the first time and pushed Saudi Arabia to the number three spot in India's oil market.  ( 38 min )
    Verizon Earnings Arrive as Industry Growth Cools
    There is a fight for consumers among the big three telecom firms after they saw record growth during social distancing.  ( 22 min )
    Stocks moving after hours: First Republic, Whirlpool, Cleveland-Cliffs
    Stocks moving after hours: First Republic Bank, Whirlpool, Cleveland-Cliffs  ( 38 min )
    Is Aurinia Pharmaceuticals Up for Grabs? Shareholder Suggests a Quick Sale for a Bigger Payday
    MKT Capital Ltd, a shareholder with a 4.2% stake in Aurinia Pharmaceuticals Inc (NASDAQ: AUPH), has issued a letter to Aurinia shareholders with plans to withhold support for three directors at the 2023 annual meeting. In the letter, MKT Capital explains why Aurinia could fetch $28/share in a sale and why shareholders should withhold votes on Chairman Milne, CEO Greenleaf, and Compensation Chair Hagan. The Board has diluted shareholders and awarded outsized compensation packages to management in  ( 38 min )
    Tesla investors are worried Elon Musk enjoys operating "above the law"
    A group of Tesla investors asked CEO Elon Musk for more commitment to the electric vehicle (EV) company in an open letter published last week, specifically requesting that he spend less time posting “derogatory tweets.” The letter also urged Musk to address accusations of a toxic work environment at Tesla and concerns about future profitability.  ( 39 min )
    Cadence Design Systems Beats First-Quarter Views But Gives Weak Guidance
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    Meta Q1 Earnings Likely Dropped 28%
    Meta is likely to say that net income for the first quarter declined 28% on lower advertising revenues as the company braces for another round of significant layoffs in May.  ( 12 min )
    What’s Going On With First Republic Bank?
    The San Francisco lender is under scrutiny by uninsured depositors across the banking system.  ( 26 min )
    Bed Bath & Beyond just filed for bankruptcy, 8 months after an activist investor and college student made a combined $180 million on the meme stock
    Activist investor Ryan Cohen made about $68 million on Bed Bath & Beyond, while college student Jake Freeman cashed out a roughly $110 million profit.  ( 38 min )
    A veteran chief investment officer says we’re in the ‘last phase of the bear market’ and encourages investors to start shopping
    Main Street Research’s CIO believes stocks are in “the last phase of the bear market” and investors should buy companies with Warren Buffett–style “moats.”  ( 38 min )
    First Republic Pursues Strategic Options as Deposits Slump
    (Bloomberg) -- First Republic Bank saw deposits plummet $72 billion in the first three months of the year as the California lender was engulfed in the regional-banking crisis that led to the collapse of three of its peers.Most Read from BloombergTucker Carlson Leaves Fox News in Shakeup After SettlementFour Reasons Why Investors Expect US Dollar to Keep SlidingBud Light Takes the Cowardly Way OutMacron’s Push to Get China’s Help on Ukraine Is UnravelingHedge Funds Place Biggest Ever Short on Ben  ( 38 min )
    First Republic Lost $100 Billion in Deposits in Banking Panic
    The bank said it will cut head count by as much as 25% and slash executive pay as it restructures its balance sheet.  ( 26 min )
    Microsoft’s Earnings Are Dead Ahead. Why One Analyst Turned Cautious.
    BNP Paribas Exane analyst Stefan Slowinski lowered his rating on the shares, warning that there are lower lows ahead for the Azure cloud business.  ( 22 min )
    Bud Light executives put on leave after Dylan Mulvaney uproar
    Two execs are on leave after a collaboration with transgender TikToker ignited boycott calls, the Wall Street Journal reported.  ( 39 min )
    Top CD Rates Today, April 24
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 12 min )
    First Republic lost $72 billion in deposits amid bank turmoil
    The San Francisco lender was at the center of a banking system crisis in March.  ( 41 min )
    First Republic lost $72 billion in deposits during 1Q
    The San Francisco lender was at the center of a banking system crisis in March.  ( 38 min )
    Microsoft earnings: AI hype could take backseat to cloud growth troubles
    A busy day for corporate earnings on Tuesday will be highlighted by Microsoft's latest report, expected to offer new updates on the company's AI initiatives.  ( 39 min )
    Tesla Just Made This Unknown Family $1.2 Billion
    A single deal with Elon Musk's Tesla Inc. propelled a little-known family to a staggering $1.2 billion fortune. Don’t Miss: The House-Printing Robot Shaking Up a $7.28 Trillion Industry L&F Co. Ltd., a South Korean company that produces high-nickel cathodes for electric vehicle batteries, received a $2.9 billion order from the electric car maker, causing its share price to soar 82% in the past year. As a result, the listed holdings of Hur Jae-hong and his family, the owners of L&F, have surged t  ( 39 min )
    ChatGPT 101: Tens Of Thousands of People Taking ChatGPT Training Courses To Stay Ahead In Job Market
    ChatGPT, the powerful artificial intelligence (AI) tool from OpenAI, presents unparalleled risk and opportunity. It puts some jobs at risk of elimination but also can enhance a person’s skill set so they become more valuable to an employer. Don’t Miss: The House-Printing Robot Shaking Up a $7.28 Trillion Industry The trick for people who want to get the most out of ChatGPT — and ideally keep their jobs or find a new one — is to learn the best ways to prompt ChatGPT and other AI tools to produce  ( 38 min )
    Dow Jones Flat As Microsoft, Intel Slip; Fox Skids On Tucker Carlson Departure
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    Satoshi-Era Bitcoin Whale Moves $11 Million After Sleeping for 12 Years
    Yet another long-term HODLer has decided to move their secret stash.  ( 37 min )
    Alphabet earnings: AI, cost cuts take center stage
    Investors will eagerly await an update on Alphabet's AI plans when the company reports first quarter earnings after the bell on Tuesday.  ( 39 min )
    Carrier Nears Deal for German Industrial Manufacturer Viessmann
    Carrier Global is in advanced talks to acquire the German industrial manufacturer for about $13 billion including debt, according to people familiar with the matter.  ( 27 min )
    CNBC Anchor Alleged NBCUniversal Boss Jeff Shell Sexually Harassed Her, Prompting His Exit
    A lawyer for Hadley Gamble said she filed a sexual harassment and sex discrimination complaint at the company; Mr. Shell has said he had an inappropriate relationship with an employee.  ( 27 min )
    Bed Bath & Beyond Fallout Makes a Billion for Short Sellers While Retail Traders Lose Big
    (Bloomberg) -- Bed Bath & Beyond Inc.’s bankruptcy has netted more than a billion in paper profits for skeptics who bet against the big-box retailer, while amateur investors have been left holding a nearly empty bag.Most Read from BloombergBud Light Takes the Cowardly Way OutFour Reasons Why Investors Expect US Dollar to Keep SlidingMacron’s Push to Get China’s Help on Ukraine Is UnravelingChina Distances Itself From Envoy Remarks on Ex-Soviet StatesTucker Carlson Leaves Fox News in Shakeup Afte  ( 39 min )
    Tesla Investors Urge Vote Against Company’s Board Nominee
    The group said that installing former technology chief JB Straubel to be board would mean that at least five of the eight members would lack independence.  ( 26 min )
    Bed Bath & Beyond bankruptcy poised to boost online retailers Wayfair, Overstock: Analyst
    There could be a lot of sales up for grabs because of Bed Bath & Beyond's demise.  ( 39 min )
    Roku Could Say Revenue Fell for the First Time Ever in Q1
    Inflation and rising interest rates that dampen ad spending may widen Roku's losses and contribute to a first-ever decline in revenue, despite new product launches and a beefed-up Roku Channel.  ( 13 min )
    Shale-Gas Drillers Brace for $8 Billion Cash-Flow Shock on Price Drop
    (Bloomberg) -- Skyrocketing energy prices turned US natural gas drillers into cash machines that showered shareholders in returns over the past two years. But the heyday appears to be over. Most Read from BloombergBud Light Takes the Cowardly Way OutFour Reasons Why Investors Expect US Dollar to Keep SlidingMacron’s Push to Get China’s Help on Ukraine Is UnravelingChina Distances Itself From Envoy Remarks on Ex-Soviet StatesTucker Carlson Leaves Fox News in Shakeup After SettlementA US supply gl  ( 38 min )
    Savings Account or CD: What’s Smarter Right Now?
    With interest rates at record highs, options abound to earn an excellent return on your savings. But this party won't last forever. Find out now which options are best for you.  ( 15 min )
    The Companies Conducting Layoffs in 2023: Here’s the List
    U.S. businesses in sectors ranging from manufacturing to technology are recalibrating after a period of rapid growth.  ( 30 min )
    Tucker Carlson’s Fox News Exit Wipes Out $690 Million in Value
    (Bloomberg) -- Tucker Carlson, one of the most popular Fox News prime-time hosts, was worth more than $690 million to the parent company. At least that is what trading in the stock indicates. Most Read from BloombergBud Light Takes the Cowardly Way OutFour Reasons Why Investors Expect US Dollar to Keep SlidingMacron’s Push to Get China’s Help on Ukraine Is UnravelingChina Distances Itself From Envoy Remarks on Ex-Soviet StatesHedge Funds Place Biggest Ever Short on Benchmark TreasuriesShares of  ( 38 min )
    GM Earnings preview: More sales, more profit and a spotlight on EVs
    General Motors will report Q1 earnings on Tuesday morning, and investors hope the automaker will keep the good times rolling.  ( 39 min )
    Getty Images Stock Surges on Buyout Bid. Why the Offer Is No Sure Thing.
    Trillium Capital proposed to acquire the stock-photo business for $10 a share in cash, but the share price is still well below that level.  ( 23 min )
    Divorce Sets GE/GEHC Free, Stocks Soar; Earnings Due Tuesday
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    C3.ai Is a Favorite AI Play. Why This Analyst Downgraded the Stock.
    Wolfe Research analysts said C3.ai is likely to disappoint against Wall Street's growth expectations.  ( 22 min )
    Super Micro Computer Stock Tumbles After Warning Of Sales Shortfall
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    Rivian Stock Is Making New Lows. Sell It Anyway, Say Analysts.
    Battle Road Research downgraded shares of the EV company to Sell from Hold, citing "internal challenges and sector-wide struggles."  ( 23 min )
    Popular AI Stock Plunges On Downgrade; Why Its Astronomical Run Is At Risk
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    Louis Vuitton-owner LVMH becomes Europe’s first $500bn company
    The owner of Louis Vuitton, Christian Dior and Tiffany has become the first European company to be valued at more than $500bn (£402bn), after renewed demand from Chinese shoppers boosted sales.  ( 38 min )
    Johnson & Johnson Unleashes Kenvue: Tylenol to Neutrogena, $40B Revenue Unit Spinoff Preps for IPO Blitz
    Johnson & Johnson (NYSE: JNJ) is reportedly readying an investor roadshow to pitch shares of its consumer-healthcare spinoff business, dubbed Kenvue, as early as Monday. Kenvue plans to start meeting with prospective investors with a goal to raise over $3.5 billion in the offering at a valuation of about $40 billion for Kenvue, its soon-to-be spun-off consumer business, which sells products like Tylenol, Band-Aids, and skin-care brands like Aveeno and Neutrogena. Assuming the company and its adv  ( 38 min )
    Banks are paying savers again after many years of low rates
    Banks are paying up for savers' deposits in a much bigger way than they have in more than a decade, based on recent earnings reports from the nation's biggest banks. After a decade of low interest rates, the Federal Reserve has unleashed a rapid series of rate hikes to combat inflation, pushing up its benchmark rate to a range of 4.75% to 5%. A 24-month CD, a common savings product for medium-term savers, is now carrying an average yield of 4.81%, according to the Federal Reserve Bank of St. Louis.  ( 39 min )
    Tesla Set To Ship China-Made Model Y To Canada; TSLA Stock Keeps Falling
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    Coinbase to Face Established Rivals in International Push
    The company plans to launch a crypto-derivatives exchange in Bermuda in the coming weeks.  ( 27 min )
    Goldman Sachs Likes These 2 Top Dividend Stocks Yielding as High as 10%
    Market indicators have been sending conflicting signals lately, creating uncertainty among investors. While year-to-date gains are certainly better than last year’s bear, and volatility, while a concern, has run lower than last year, plenty of risk factors still remain, both in the broader economy and in the stock market. Taking a wider view of the markets, Christian Mueller-Glissman, head of asset allocation research for Goldman Sachs, gives investors a nudge toward a more defensive posture. Ex  ( 41 min )
    Bad News: Too Many People Are Cashing Out Their 401(k) Plans
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    Fearful Millennials Missed Stock Market Rally With Shift to Cash
    (Bloomberg) -- Millennials were more likely than any other generation to flee the stock market during last year’s rout. That meant they were also more likely to miss out on the subsequent rally.Most Read from BloombergBud Light Takes the Cowardly Way OutMacron’s Push to Get China’s Help on Ukraine Is UnravelingFour Reasons Why Investors Expect US Dollar to Keep SlidingBitcoin ‘Halving’ Due Next Year Spurs Predictions of Rally in Token Past $50,000Those were the results of a survey released Monda  ( 38 min )
    My Sibling and I Inherited an IRA. How Do We Split It?
    Like most assets, you can inherit an individual retirement account (IRA) after the owner's death. And for spouses, inheriting an IRA is a relatively straightforward process. In most cases, you can simply assume ownership or even roll the inherited account over … Continue reading → The post How to Split an Inherited IRA Between Siblings appeared first on SmartAsset Blog.  ( 40 min )
    Can I Retire Comfortably at 45 with $5 Million?
    If you have $5 million saved and are thinking of retiring at 45, the good news is you can certainly do so. The bigger question is how you'll need to plan your retirement around that amount and your early retirement … Continue reading → The post Can I Retire at 45 with $5 Million? appeared first on SmartAsset Blog.  ( 39 min )
    Do You Have an Online Bank? Do This Now to Keep Your Money Safe
    Bank failures and economic turbulence have made bank depositors nervous – but what about banks where you can't visit a branch or speak to a teller? Can you withdraw your money when needed and protect yourself from risks? While the … Continue reading → The post Are Online Banks Safe? appeared first on SmartAsset Blog.  ( 40 min )
    Dow Jones Futures Fall Ahead Of Big Earnings Week; C3.ai Plunges On Downgrade
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    Micron Tech Gets Caught In US-China Tensions, Lands South Korea In Sticky Situation
    The White House urged South Korea not to fill any market gap in China if Beijing bans Micron Technology, Inc (NASDAQ: MU) from selling chips. The U.S. has asked Seoul to encourage Samsung Electronics Co Ltd (OTC: SSNLF) and SK Hynix to hold back from boosting sales to China if it bans Micron from selling under an ongoing investigation, the Financial Times reports. The U.S. requested as President Yoon Suk Yeol prepared to travel to Washington for a state visit on Monday. Also Read: Micron's Sturd  ( 38 min )
    Bed Bath & Beyond Stock Falls After Bankruptcy News. What Happens Next.
    The retailer has been warning since January that it was contemplating filing for bankruptcy if it wasn’t able to turn its business around quickly.  ( 22 min )
    Medtronic Stock Has Room to Rise as ‘Major Milestone’ Is Reached: Wells Fargo
    Wells Fargo analysts raised their price target for shares of the medical-technology company to $100 from $77.  ( 23 min )
    Morgan Stanley analysts think commercial real estate is heading for something ‘worse than in the Great Financial Crisis’—here’s what Goldman Sachs and UBS have to say
    Commercial real estate headwinds—which are particularly strong in the office space sector—will increase the risk of defaults, distress, and delinquencies.  ( 41 min )
    Contest for Oil Like Russia’s Is Finally Heating Up for Europe
    (Bloomberg) -- Europe’s oil refiners, already making do without longstanding shipments of Russian crude, are now struggling with the loss of similar supplies from northern Iraq and a shock reduction in output by several of the world’s top producer nations.Most Read from BloombergBud Light Takes the Cowardly Way OutMacron’s Push to Get China’s Help on Ukraine Is UnravelingFour Reasons Why Investors Expect US Dollar to Keep SlidingBitcoin ‘Halving’ Due Next Year Spurs Predictions of Rally in Token  ( 39 min )
    Coca-Cola Posts Higher Sales as Consumers Buy Drinks Away From Home
    The company’s first-quarter sales rose, led by 8% volume growth for its Smartwater brand.  ( 25 min )
    First Solar Gets a Downgrade but There’s Good News for This Solar Stock
    A global excess supply of solar-panels is likely to undermine First Solar's rally, according to analysts at Citi.  ( 22 min )
    AT&T Is No Longer The Highest-Yielding Free-Cash-Flow Powerhouse
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    ‘How to Buy Gold’ Hits a Google Record as Crypto Investors Chase World’s Oldest Asset
    The old-school precious metal has new allure for a generation seeking a respite from the cryptocurrency roller coaster  ( 27 min )
    Tesla Files More Details of a Disappointing Quarter. Wall Street Sours on the Stock.
    The electric-vehicle maker filed its 10-Q form, giving investors another chance to scrutinize its performance.  ( 23 min )
    Prezzo to shut 46 restaurants as spaghetti costs surge - latest updates
    Prezzo will shut 46 loss-making restaurants hit hard by soaring pasta and energy costs, as well as poor footfall.  ( 52 min )
    Stock futures dip ahead of more of heavyweight earnings: Stock market news today
    U.S. stock futures fell Monday as the earnings calendar is locked and loaded with heavyweights reporting in every sector.  ( 39 min )
    Coca-Cola Earnings and Sales Beat Estimates Amid Price Increases
    Coca-Cola posts first-quarter sales of $11 billion. Unit case volumes rise 3%.  ( 23 min )
    GE Q1 Earnings Could Take Flight on Aviation Demand
    General Electric Co., once America's most valuable company, will probably report a first-quarter profit for the first time in three years as a boom in air travel demand boosts aviation revenue and restructuring begins to bear fruit.  ( 11 min )
    These Stocks Are Moving the Most Today: Coca-Cola, Bed Bath, First Republic, C3.ai, First Solar, and More
    Coca-Cola reports adjusted earnings that beat analysts' estimates, First Republic is scheduled to report quarterly earnings after markets close Monday, and shares of Bed Bath & Beyond sink after the retailer files for Chapter 11 bankruptcy protection.  ( 23 min )
    America’s Oil Patch Loses Its Luster
    Oil-field services companies are seeing a shift to long-cycle international projects from short-cycle U.S. production.  ( 26 min )
    Credit Suisse Details Painful Final Days Before Rescue
    The Swiss bank gave a glimpse of its chaotic final weeks before a rescue by UBS in a first-quarter earnings report that showed customers rushing to pull deposits.  ( 27 min )
    LVMH’s Market Value Exceeds $500 Billion, a First in Europe
    (Bloomberg) -- LVMH’s market value surpassed $500 billion, becoming the first European company to reach that milestone, thanks to booming sales of luxury goods in China and a strengthening euro.Most Read from BloombergBud Light Takes the Cowardly Way OutMacron’s Push to Get China’s Help on Ukraine Is UnravelingBitcoin ‘Halving’ Due Next Year Spurs Predictions of Rally in Token Past $50,000US Public Sours on a Biden-Trump Election Rematch in 2024The achievement comes less than two weeks after LVM  ( 39 min )
    Credit Suisse reported its last-ever quarterly results—and it's still leaking money
    Credit Suisse is still bleeding—even after its rival UBS promised to buy it out.  ( 40 min )
    Euro Zone Turns Page on War With Growth Seen Returning
    (Bloomberg) -- The euro zone probably resumed growth in the first quarter as all four of its biggest economies proved resilient enough to shake off the fallout from war on the region’s frontier.Most Read from BloombergElon Musk’s Wealth Plunges $13 Billion as Drama Unfolds Across EmpireAlphabet CEO’s Pay Soars to $226 Million on Huge Stock AwardBud Light Marketing Executive Takes Leave After Controversy: Ad AgeCities Keep Building Luxury Apartments Almost No One Can AffordBud Light Takes the Cow  ( 39 min )
    Weapons Makers Can’t Hire Enough Workers as Ukraine War Drives Demand
    Rising geopolitical tensions have boosted defense spending, prompting an industry-wide hiring spree.  ( 27 min )
    Corporate Insiders Step Up Stock Buying After Banking Turmoil
    The uptick in insiders’ share purchases signals corporate optimism, which reassures some investors.  ( 27 min )
    These Stocks Are Moving the Most Today: Coca-Cola, Bed Bath, First Republic, Credit Suisse, and More
    Barron's live coverage of financial markets, from stocks and bonds to oil and crypto.  ( 20 min )
    China Stocks Post Biggest Two-Day Drop This Year on Geopolitics, Growth Woes
    (Bloomberg) -- Chinese stocks posted their biggest two-day loss this year as geopolitical tensions and signs of an uneven recovery spurred traders to pare exposure ahead of the Golden Week holiday. Most Read from BloombergBud Light Takes the Cowardly Way OutMacron’s Push to Get China’s Help on Ukraine Is UnravelingBitcoin ‘Halving’ Due Next Year Spurs Predictions of Rally in Token Past $50,000US Public Sours on a Biden-Trump Election Rematch in 2024The CSI 300 benchmark closed 1.2% lower to brea  ( 38 min )
    Morgan Stanley Strategist Sees Risks to Stocks From Earnings, Fed
    (Bloomberg) -- A rally in US stocks leading up to this earnings season presents a near-term risk to equities given the prospect of further Federal Reserve rate hikes and fading profit growth, according to Morgan Stanley’s Michael Wilson.Most Read from BloombergBud Light Takes the Cowardly Way OutMacron’s Push to Get China’s Help on Ukraine Is UnravelingBitcoin ‘Halving’ Due Next Year Spurs Predictions of Rally in Token Past $50,000US Public Sours on a Biden-Trump Election Rematch in 2024The S&P  ( 38 min )
    Bed Bath & Beyond Files for Bankruptcy. The Stock Sinks.
    The retailer has been warning since January that it was contemplating filing for bankruptcy if it wasn’t able to turn its business around quickly.  ( 22 min )
    Big Oil’s Cash ‘Golden Age’ Puts Dealmaking Back on the Agenda
    (Bloomberg) -- Big Oil used last year’s unexpected windfall from surging energy prices to shower investors with rewards and pay down debt. As the cash continues to flow in 2023, the question is whether they will find more adventurous uses for their money.Most Read from BloombergBud Light Takes the Cowardly Way OutMacron’s Push to Get China’s Help on Ukraine Is UnravelingBitcoin ‘Halving’ Due Next Year Spurs Predictions of Rally in Token Past $50,000US Public Sours on a Biden-Trump Election Remat  ( 40 min )
    5 big analyst cuts: First Solar slashed to Sell ahead of Q1 | Pro Recap
    Citi downgraded First Solar (NASDAQ:FSLR) to Sell/High Risk from Neutral and cut its price target to $194.00 from $220.00 given its belief that the company’s long-term outlook for margins and growth will draw increased scrutiny as the global supply of Si-based modules rises while the cost drops. Shares are trading more than 2% lower premarket today. C3.ai (NYSE:AI) shares are trading around 5% lower premarket today after Wolfe Research downgraded the stock to Underperform from Peerperform with a price target of $14.00.  ( 38 min )
    First Republic Had a Rough Quarter. Earnings Will Give a Look at the Damage.
    The worst bank collapse since 2008 sent shares plunging. The stock is down 88% this year.  ( 22 min )
    Oil Extends Steep Weekly Drop With Demand Outlook in Question
    (Bloomberg) -- Oil kept falling in Asia — after losing almost 6% last week — as the outlook for global demand remained in question and Asian fuel markets flashed warning signs on shrinking refining margins.Most Read from BloombergBud Light Takes the Cowardly Way OutAnger in Europe After Chinese Diplomat Says Ex-Soviet States Not SovereignBitcoin ‘Halving’ Due Next Year Spurs Predictions of Rally in Token Past $50,000US Public Sours on a Biden-Trump Election Rematch in 2024Macron’s Push to Get Ch  ( 39 min )
    US Futures, Asia Stocks Fall as Traders Trim Risk: Markets Wrap
    (Bloomberg) -- Stocks mostly fell in Asia as traders await a slew of economic data that may help illuminate the path forward for interest rates. Most Read from BloombergBud Light Takes the Cowardly Way OutAnger in Europe After Chinese Diplomat Says Ex-Soviet States Not SovereignBitcoin ‘Halving’ Due Next Year Spurs Predictions of Rally in Token Past $50,000US Public Sours on a Biden-Trump Election Rematch in 2024Macron’s Push to Get China’s Help on Ukraine Is Unraveling FastMSCI Inc.’s Asia Paci  ( 40 min )
    A Fed Pause Is Coming. Stocks May Not Rally When It Arrives.
    The central bank is making progess in its effort to fight inflation, which means it may soon stop raising interest rates, at least for a while.  ( 22 min )
    Ed Sheeran hit, Marvin Gaye classic soul of copyright trial
    Jury selection and opening statements are set to begin Monday in a trial that mashes up Ed Sheeran's “Thinking Out Loud” with Marvin Gaye's “Let's Get It On.” The heirs of Ed Townsend, Gaye's co-writer of the 1973 soul classic, sued Sheeran, alleging the English pop star's hit 2014 tune has “striking similarities” to “Let's Get It On” and “overt common elements” that violate their copyright. The lawsuit filed in 2017 has finally made it to a trial that is expected to last a week in the Manhattan federal courtroom of 95-year-old Judge Louis L. Stanton.  ( 39 min )
    Big Tech Earnings Are Coming. What to Know About Amazon, Microsoft, Alphabet, and Meta.
    Tech company earnings can move the broader market because of the financial results themselves.  ( 23 min )
    Bitcoin, Ether gain, but hold losses for the week; U.S. equity futures lose ground
    Bitcoin rose on Monday morning in Asia but was boxed in below US$28,000. Ether and most other top 10 tokens gained, but not by enough to erase losses for the past week.  ( 39 min )
    Hedge Funds Place Biggest Short Ever for Benchmark Treasuries
    (Bloomberg) -- The Federal Reserve is sure that the US economy can avoid a recession despite the burden of higher interest rates. Hedge funds seem to agree.Most Read from BloombergBud Light Takes the Cowardly Way OutAnger in Europe After Chinese Diplomat Says Ex-Soviet States Not SovereignBitcoin ‘Halving’ Due Next Year Spurs Predictions of Rally in Token Past $50,000US Public Sours on a Biden-Trump Election Rematch in 2024Billionaire Brin Sold Tesla Near Its Peak for New Giving VehicleLeveraged  ( 37 min )
    JD.com Is Worst China Bet as Reopening Play Fades
    (Bloomberg) -- China’s post-Covid spending spree was supposed to reinvigorate JD.com Inc. But things haven’t gone according to plan.Most Read from BloombergBud Light Takes the Cowardly Way OutAnger in Europe After Chinese Diplomat Says Ex-Soviet States Not SovereignBitcoin ‘Halving’ Due Next Year Spurs Predictions of Rally in Token Past $50,000US Public Sours on a Biden-Trump Election Rematch in 2024Macron’s Push to Get China’s Help on Ukraine Is Unraveling FastAfter dropping 37% since the start  ( 40 min )
    JD.com Is Worst China Bet as Reopening Play Fades
    (Bloomberg) -- China’s post-Covid spending spree was supposed to reinvigorate JD.com Inc. But things haven’t gone according to plan.Most Read from BloombergBud Light Takes the Cowardly Way OutAnger in Europe After Chinese Diplomat Says Ex-Soviet States Not SovereignBillionaire Brin Sold Tesla Near Its Peak for New Giving VehicleBitcoin ‘Halving’ Due Next Year Spurs Predictions of Rally in Token Past $50,000US Public Sours on a Biden-Trump Election Rematch in 2024After dropping 37% since the star  ( 40 min )
    Four Reasons Why Investors Expect US Dollar to Keep Sliding
    (Bloomberg) -- Professional investors see the dollar sliding even further from last year’s two-decade highs, as the market has underpriced the Federal Reserve’s oncoming easing cycle.Most Read from BloombergBud Light Takes the Cowardly Way OutAnger in Europe After Chinese Diplomat Says Ex-Soviet States Not SovereignBillionaire Brin Sold Tesla Near Its Peak for New Giving VehicleBitcoin ‘Halving’ Due Next Year Spurs Predictions of Rally in Token Past $50,000Bed Bath & Beyond Files for Bankruptcy  ( 40 min )
  • Open

    First Republic to Cut Staff After 40% Plunge in Deposits
    Troubled regional lender First Republic Bank announced that it will cut about a quarter of its staff to reduce expenses after deposits plunged by 40% in Q1 2023.  ( 10 min )
    Getty Images Shares Soar on Buyout Offer
    Shares of Getty Images (GETY), the provider of stock photos, jumped 31% on April 24, 2023, following news of a buyout bid by Trillium Capital.  ( 10 min )
    Personal Loan Rates & Trends, Week of April 24: Rates Keep Climbing
    Personal loan rates have climbed for a fourth consecutive week, taking the average rate another third of a point higher.  ( 11 min )
    Markets Mixed Ahead of Tech Earnings
    U.S. equities were mixed and little changed on April 24, 2023, ahead of key tech earnings reports being released in the week.  ( 10 min )
    Meta Q1 Earnings Likely Dropped 28%
    Meta is likely to say that net income for the first quarter declined 28% on lower advertising revenues as the company braces for another round of significant layoffs in May.  ( 11 min )
    Top CD Rates Today, April 24
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 11 min )
    Why Is There a Cap on the FICA Tax?
    Find out the history behind the controversial FICA cap on wages.  ( 16 min )
    What Does Lower Bitcoin-Ether Correlation Mean for Investments?
    Prices of bitcoin and ether—the two largest cryptocurrencies by market capitalization—are usually closely correlated, but that's changing, and it could affect investments and risk management for cryptocurrency investors.  ( 11 min )
    Visa’s Profits Likely Rose on Higher Transaction Volumes, Credit Card Usage
    Visa, the world’s biggest electronic payments provider, will likely report higher revenues and profit on increased transaction volumes in Q1, as households rely more on credit cards amid high inflation.  ( 11 min )
    The Outlook for the Social Security Cap
    The Social Security cap increase for 2022 was 2.9% and it's 8.98% for 2023, but this won't be enough to keep Social Security from running out of funds by 2035.  ( 16 min )
    Types of Specialty Certificates of Deposit (CD) Explained
    Specialty CDs offer features such as the ability to add to the principal or avoid early withdrawal fees. Some options offer more flexibility, but may have lower rates than standard CDs.  ( 17 min )
    What Is a Bank Account Number?
    A bank account number is a unique string of numbers and, sometimes, letters or other characters that identifies the owner of the account.  ( 14 min )
    How To Choose Life Insurance
    Life insurance provides essential protection for you and your family. This guide explores life insurance types and companies so you can find the best option for you.  ( 19 min )
    Introduction to Swing Charting
    Discover why traders use swing charts, how these charts are constructed, and how to start using them.  ( 14 min )
    Flood Insurance Cost
    The average cost of flood insurance is around $80 per month, but your rate will depend on the coverage you need, the provider you choose, and more.  ( 17 min )
    Roku Could Say Revenue Fell for the First Time Ever in Q1
    Inflation and rising interest rates that dampen ad spending may widen Roku's losses and contribute to a first-ever decline in revenue, despite new product launches and a beefed-up Roku Channel.  ( 13 min )
    Savings Account or CD: What’s Smarter Right Now?
    With interest rates at record highs, options abound to earn an excellent return on your savings. But this party won't last forever. Find out now which options are best for you.  ( 14 min )
    Cryptocurrencies To Watch: Week of April 24
    This week’s cryptocurrencies to keep an eye on are BitTorrent (BTT), Zilliqa (ZIL), UNUS SED LEO (LEO), Toncoin (TON), and TRON (TRX).  ( 12 min )
    General Motors May Say Higher Costs Offset Sales Growth
    GM investors will look to see how the company's margins have held up after it refused to slash prices on electric vehicles like its competitors.  ( 12 min )
    How Much Is Homeowners Insurance?
    The average monthly home insurance premium was $1,311 in 2020. See the average home insurance costs in all 50 states and learn how to save money on your policy.  ( 16 min )
    PayPal vs. Credit Card: Which Is Safer?
    PayPal's business model is prioritizes safe transactions between buyers and sellers, but there are still risks to keep in mind. Learn how PayPal compares to credit cards.  ( 18 min )
    What Happens When an Economist Turns Financial Advice Upside Down?
    Larry Kotlikoff, Professor of Economics at Boston University and a two-time presidential candidate, turns the world of financial planning and advice upside down in his book, "Money Magic: An Economist’s Secrets to More Money, Less Risk, and a Better Life." Why he thinks we should marry for money, move back in with our parents, and keep investing through our retirement. Plus, transport stocks and homebuilder stocks are telling two different stories about the economy and the stock market. Which one is right?  ( 12 min )
    Today's Mortgage Rates & Trends - April 24, 2023: Rates Mixed
    Mortgage rates moved mildly in different directions for the various loan types, while all of the jumbo rate averages held steady.  ( 12 min )
    Top Railroad Stocks for Q2 2023
    Greenbrier, Central Japan Railway, and Canadian Pacific lead industry in revenue growth.  ( 14 min )
    Soaring Interest Costs Likely Slashed PacWest's Profit
    Rising expenses, primarily from soaring interest costs, likely reduced PacWest Bancorp's profit by about a third in the first quarter.  ( 11 min )
    5 Things to Know Before Markets Open
    Bed Bath & Beyond filed for bankruptcy after failing in its turnaround efforts and Big Tech companies like Alphabet, Microsoft and Amazon will highlight earnings reports this week. Here’s what investors need to know today.  ( 11 min )
    GE Q1 Earnings Could Take Flight on Aviation Demand
    General Electric Co., once America's most valuable company, will probably report a first-quarter profit for the first time in three years as a boom in air travel demand boosts aviation revenue and restructuring begins to bear fruit.  ( 11 min )
    ETF vs. ETN: What's the Difference?
    Exchange-traded funds (ETF) get the lion's share of investors' money but some choose exchange-traded notes (ETNs). Here are the differences between the two investment vehicles.  ( 16 min )
    Why Would a Company Perform a Reverse Stock Split?
    A company may perform a reverse stock split hoping to avoid being delisted, raise its profile, and attract new investors.  ( 17 min )
  • Open

    Noordzee wordt de grootste groene energiecentrale ter wereld
    De Noordzee wordt de grootste duurzame energiecentrale ter wereld. Dat hebben Nederland en acht andere landen rondom de Noordzee maandag besloten tijdens de tweede Noordzeetop in België.  ( 3 min )
    De Noordzee wordt de grootste groene energiecentrale ter wereld
    De Noordzee wordt de grootste duurzame energiecentrale ter wereld. Dat hebben Nederland en acht andere landen rondom de Noordzee maandag besloten tijdens de tweede Noordzeetop in België.  ( 3 min )
    Dure frisdrank zorgt voor mooie cijfers bij Coca-Cola
    Coca-Cola schroefde de prijzen afgelopen kwartaal flink op. Daardoor zag de Amerikaanse drankengigant de omzet en winst stevig groeien, blijkt uit cijfers die maandag zijn gepubliceerd.  ( 3 min )
    Beunhazen moeten zo snel mogelijk verdwijnen van zonnepanelenmarkt
    Er moet een verplichte erkenning komen voor installateurs van zonnepanelen. Op die manier moeten misstanden worden voorkomen nu het aantal beunhazen in de sector toeneemt. Het gaat daarbij om bedrijven die de regels aan hun laars lappen en vaak niet geschikt zijn in het werk.  ( 3 min )
    Bepaalde producten raken op in deel Albert Heijn-winkels
    De effecten van de stakingen in de distributiecentra van supermarktketen Albert Heijn (AH) beginnen zichtbaar te worden in de winkels. Met name bij winkels in het noordoosten van het land zijn bepaalde producten binnenkort niet meer te krijgen. En de acties duren voort.  ( 3 min )
    Wéér Twitter-chaos: doden en beroemdheden opgescheept met blauwe vinkjes
    Er komt maar geen einde aan het gedoe over blauwe vinkjes op Twitter. Alleen mensen die betaalden voor Twitter Blue zouden nog een vinkje houden. Nu blijkt dat directeur Elon Musk eigenhandig abonnementskosten betaalt voor accounts van beroemdheden die daar niet op zitten te wachten.  ( 6 min )
    Op zoek naar rust? Schots onbewoond eiland staat te koop voor 168.000 euro
    Wie op zoek is naar veel ruimte (en geen buren), kan in Schotland een onbewoond eiland kopen voor 'slechts' 168.000 euro. Het eiland ter grootte van vijftig voetbalvelden kost daarmee minder dan de helft van een gemiddeld huis in Nederland.  ( 3 min )
    Bedrijf achter Moët-champagne en Louis Vuitton-tasjes tikt 500 miljard aan
    LVMH, bekend van merken als Louis Vuitton, Moët & Chandon en Hennessy, heeft wat te vieren. Het Franse luxeconcern is nu het eerste Europese bedrijf met een marktwaarde van 500 miljard dollar (ruim 450 miljard euro).  ( 3 min )
    ING verhelpt storing op salarisdag: klanten kunnen weer geld overmaken
    ING heeft de storing waardoor klanten maandagochtend geen geld konden overmaken inmiddels verholpen. De storing kwam op een onhandig moment, aangezien veel werknemers vandaag hun salaris ontvangen. In maart ging het ook al fout op de 24e van de maand.  ( 3 min )
    IJssalons, pretparken en strandtenten zuchten onder het slechte weer
    Ook in de meivakantie wordt het voorlopig nog geen mooi weer. Voor pretparken lijkt de schade te overzien, maar voor strandtenthouders en ijssalons is het slechte weer aan het begin van het seizoen een fikse domper.  ( 4 min )
    Inspecteur toeslagen ziet toeslagenstelsel het liefst helemaal verdwijnen
    Voor de problemen met toeslagen is maar één oplossing: het hele toeslagenstelsel afschaffen. Het systeem vraagt het onmogelijke van burgers, zegt inspecteur-generaal Bart Snels van de Inspectie belastingen, toeslagen en douane tegen Trouw.  ( 4 min )
    Albert Heijn-klanten kunnen misgrijpen door stakingen in distributiecentra
    Albert Heijn heeft sinds zondag te maken met stakingen in de distributiecentra. In vijf van de zes centra hebben werknemers het werk neergelegd, laat de supermarktketen aan NU.nl weten. Nu zijn alle producten nog gewoon verkrijgbaar in de winkels, maar dat kan veranderen als de acties voortduren.  ( 4 min )
    Philips blijft ondanks problemen belangrijke speler: 'Mensen kijken echt naar ons'
    Philips heeft de afgelopen jaren veel onderdelen afgestoten, maar heeft wereldwijd nog steeds dezelfde uitstraling als voorheen. De elektrische tandenborstels en scheerapparaten blijven populair onder consumenten en ook de medische apparatuur vindt gretig aftrek. "Mensen kijken echt naar Philips. We blijven absoluut een belangrijke speler", zegt CEO Roy Jakobs tegen NU.nl.  ( 4 min )
    ING heeft opnieuw storing rond salarisdag, klanten kunnen geen geld overmaken
    Door een storing bij ING kunnen klanten sinds maandagochtend geen geld overmaken naar andere rekeningen. Dat is erg onhandig, want veel mensen ontvangen vandaag hun salaris. Vorige maand ging het ook al fout op de dag dat veel werknemers hun loon ontvingen.  ( 3 min )
    1 op 25 huishoudens heeft een vermogen van meer dan 1 miljoen euro
    Het aantal miljonairs is in 2021 opnieuw toegenomen. Van alle Nederlandse huishoudens heeft 4 procent een vermogen van een miljoen of meer. Hun doorsnee vermogen is met 1,6 miljoen euro gelijk gebleven ten opzichte van 2020.  ( 5 min )
    Spaarders haalden 62 miljard euro weg bij noodlijdende bank Credit Suisse
    Klanten van Credit Suisse hebben in het eerste kwartaal 61 miljard Zwitserse frank (ruim 62 miljard euro) van hun rekeningen gehaald. De noodlijdende bank ziet het bedrag verder oplopen.  ( 3 min )
    Spaarders halen 62 miljard euro weg bij noodlijdende bank Credit Suisse
    Klanten van Credit Suisse hebben in het eerste kwartaal 61 miljard Zwitserse frank (ruim 62 miljard euro) van hun rekeningen gehaald. De noodlijdende bank ziet het bedrag verder oplopen.  ( 3 min )
    Lege schappen dreigen bij Albert Heijn naarmate stakingen uitbreiden
    Sinds zondag zijn er acties in distributiecentra van supermarktketen Albert Heijn. Die begonnen op kleine schaal, maar lijken over te slaan naar de andere centra. Een woordvoerder van AH laat aan NU.nl weten dat als de stakingen uitbreiden, dat te zien zal zijn in de winkels.  ( 3 min )
    Bijna een op twintig huishoudens heeft een vermogen van meer dan 1 miljoen
    Het aantal miljonairs is in 2021 opnieuw toegenomen. Van alle Nederlandse huishoudens heeft 4 procent een vermogen van een miljoen of meer. Hun doorsnee vermogen is met 1,6 miljoen euro gelijk gebleven ten opzichte van 2020.  ( 5 min )
    Philips legt nog eens 0,5 miljard opzij voor schadeclaims slaapapneuapparaten
    Philips heeft 575 miljoen euro opzijgelegd voor verwachte schadeclaims in de Verenigde Staten vanwege productiefouten in slaapapneuapparaten. De terugroepactie van de apparaten zelf kostte het bedrijf ook al bijna 1 miljard euro.  ( 3 min )
    Philips legt nog eens 0,5 miljard opzij voor schadeclaims slaapapneu-apparaten
    Philips heeft 575 miljoen euro apart gezet voor de verwachte schadeclaims in de Verenigde Staten vanwege productiefouten in slaapapneu-apparaten. De terugroepactie van de apparaten zelf kostte het bedrijf ook al bijna 1 miljard euro.  ( 3 min )
    Explainer | Waarom bij Wehkamp de 50.000 dagelijkse retouren nu betaald zijn
    Vanaf maandag betaal je bij Wehkamp 50 cent per geretourneerd kledingstuk. NU.nl nam een kijkje in het retourcentrum van Wehkamp, waar 250 werknemers dagelijks zo'n 50.000 teruggestuurde artikelen checken en sorteren. We vroegen ook waarom het bedrijf deze maatregel nu heeft ingevoerd.  ( 3 min )
    Nederlands windpark op zee direct gekoppeld aan nieuwe stroomkabel richting VK
    Tussen Nederland en het Verenigd Koninkrijk komt een nieuwe elektriciteitsverbinding. Daar wordt voor het eerst een Nederlands windpark op zee rechtstreeks aan gekoppeld.  ( 3 min )
    Nederlands windpark op zee direct gekoppeld aan nieuwe stroomkabel met VK
    Er komt een nieuwe elektriciteitsverbinding tussen Nederland en het Verenigd Koninkrijk. Daaraan zal voor het eerst direct een Nederlands windpark op zee worden gekoppeld.  ( 3 min )
    In deze vijf provincies zijn de huizenprijzen toch nog iets gestegen
    Vijf provincies in Nederland zagen het afgelopen kwartaal de huizenprijzen stijgen. In de andere zeven provincies daalden de prijzen ten opzichte van een jaar eerder, ziet statistiekbureau CBS.  ( 3 min )
  • Open

    Bed Bath & Beyond Throws in the Towel
    Bed Bath & Beyond filed for bankruptcy in New Jersey on Sunday, ending its months-long efforts to raise capital and stay afloat.  ( 1 min )

  • Open

    Crown Jewels Definition
    Crown jewels refer to the most valuable unit(s) of an entity as defined by characteristics such as profitability, asset value, and future prospects.  ( 12 min )
    High-Net-Worth Individual (HNWI): Criteria and Example
    "High-net-worth individual" (HNWI) is a financial industry classification for a person with liquid assets above a certain figure. The minimum used is often $1 million.  ( 17 min )
    M2 Definition and Meaning in the Money Supply
    M2 is a measurement of the nation's money supply that estimates all of the cash that everyone has in hand or in short-term bank deposits.  ( 16 min )
    Catfishing Definition
    Catfishing is when a person creates a fake online identity to trick someone into a false relationship, often to troll or defraud the victim.  ( 15 min )
    Planning on Retiring Later? Think Again
    You may assume you're going to be one of those people retiring later in life, but you need to have a plan in case you can't work as long as you want.  ( 15 min )
    Bed Bath & Beyond Throws in the Towel
    Bed Bath & Beyond filed for bankruptcy in New Jersey on Sunday, ending its months-long efforts to raise capital and stay afloat.  ( 12 min )
    What Is Postal Banking?
    In postal banking, the post office would offer basic financial services—and a low-cost alternative to check-cashing stores and payday loan providers.  ( 15 min )
    Determination Letter Definition
    A determination letter is issued by the Internal Revenue Service to inform a company whether its employee benefit meets the rules for special tax treatment.  ( 13 min )
    Does Homeowners Insurance Cover Mold?
    Having mold in your home can create numerous challenges. If you’re wondering whether homeowners insurance covers mold, here’s what you need to know.  ( 15 min )
    10 Important Cryptocurrencies Other Than Bitcoin
    Altcoins can present themselves as modified or improved versions of Bitcoin. Given Bitcoin's volatility, you may want to watch these 10 alternatives.  ( 22 min )
    What Assumptions Are Made When Conducting a T-Test?
    Learn what a t-test is and discover the five standard assumptions made regarding the validity of sampling and data used in a t-test.  ( 12 min )
    Foster School of Business at the University of Washington
    The Foster School of Business at the University of Washington offers undergraduate, graduate, and doctoral programs in business and other fields.  ( 12 min )
    SECURE 2.0 Act of 2022
    The SECURE 2.0 Act of 2022, part of the Consolidated Appropriations Act (CAA) of 2023, is legislation that contains 92 provisions aimed at strengthening retirement savings in important ways.  ( 17 min )
    Blockchain Facts: What Is It, How It Works, and How It Can Be Used
    A blockchain is a digitally distributed, decentralized, public ledger that exists across a network. It is most noteworthy in its use with cryptocurrencies and NFTs.  ( 31 min )
    Can I Roll My Spouse's IRA Into My Own Account?
    A surviving spouse has many options to handle an inherited IRA, including rolling over funds to their IRA, depleting the account in five years, or assuming ownership of the original IRA.  ( 15 min )
    What Will Social Security Look Like When You Retire?
    Many workers are not confident that Social Security will be around during their retirement. Here’s what you need to know about its future.  ( 18 min )
    Are Social Security Benefits a Form of Socialism?
    Social Security—one of America's most popular benefit programs—is wholly run by the government. Does that make Social Security socialism?  ( 23 min )
    You still have time to wrest a tiny slice of $725M from Facebook
    Settlement of a $725 million class-action lawsuit over Cambridge Analytica scandal means millions of Facebook users may be able to get money from the social media company.  ( 11 min )
    What Is the Stock Market, What Does It Do, and How Does It Work?
    The stock market consists of exchanges in which stock shares and other financial securities of publicly held companies are bought and sold.  ( 19 min )
    Can Student Loans be Used to Pay Rent?
    Student loan funds can be used for rent but students who need to stretch their loan dollars may find campus housing is the more affordable choice.  ( 16 min )
    Federal Reserve Bank of Minneapolis
    The Federal Reserve Bank of Minneapolis is one of 12 regional banks within the Federal Reserve system, overseeing banks in all or part of six Midwestern states.  ( 15 min )
  • Open

    Lithium Refining Lacks Supply, According to Elon Musk — Here Are 2 Stocks to Take Advantage
    Elon Musk touched upon many themes on Tesla’s recent earnings call, one of which was the lack of lithium refining options. Given lithium is an essential component in EV batteries, there is an unmet need for refined lithium in the EV industry. During the call, Musk said: “Can other people please do this work? That would be great. We’re begging you. We don’t want to do it. Can someone please? Instead of making a picture-sharing app, try lithium mining and refining, heavy industry, come on.” In sho  ( 41 min )
    Four Scenarios That Could Send Oil Prices To $200
    While unlikely, the possibility of oil reaching $200 exists in scenarios such as a major escalation in the Ukraine conflict or underinvestment leading to a reduction in supply.  ( 40 min )
    Cheaper Teslas are hurting profits, but Elon Musk plans to keep slashing prices. Here's why.
    Tesla's price cuts are about sacrificing short-term profits in the hope of attracting more buyers away from traditional carmakers such as Ford.  ( 39 min )
    Stocks Poised to Fall
    The Bureau of Economic Analysis will release its preliminary estimate of first-quarter gross-domestic-product growth on Thursday,  ( 22 min )
    J&J Consumer-Health IPO Process to Kick Off Key Test for Moribund New-Issue Market
    Kenvue plans to start meeting with prospective investors as early as Monday.  ( 29 min )
    The commercial real estate market is wobbling, and 2 of the largest players are feeling the pain of higher rates and tighter credit
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    The way the IRS operates is about to undergo a major change. Here's what that means for you
    Following passage of the Inflation Reduction Act, the IRS will receive almost $80 billion in added funding that will go toward reinventing the agency.  ( 39 min )
    Fears of an earnings recession are overblown and investors shouldn't panic sell as stocks will hold up fine, BMO chief strategist says
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    Jeff Shell out as NBCUniversal CEO due to 'inappropriate relationship'
    Jeff Shell is out as NBCUniversal CEO due to an "inappropriate relationship"with a female employee.  ( 39 min )
    Here are the 7 signals that suggest a 'bullish cocktail' is about to power a surprise rally in the stock market
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    NBCUniversal CEO Shell departs over ‘inappropriate conduct’
    Jeff Shell, the chief executive of NBCUniversal, is departing the company after an investigation into inappropriate conduct, Comcast announced Sunday. In a brief statement, Shell said Sunday would be his last day after what he called “an inappropriate relationship with a woman in the company." “I’m truly sorry I let my Comcast and NBCUniversal colleagues down, they are the most talented people in the business and the opportunity to work with them the last 19 years has been a privilege,” Shell said.  ( 37 min )
    Bud Light Exec Takes Leave Out After Calls to Boycott
    Bud Light's marketing vice president is reportedly taking a leave of absence following controversy over the brand's work with a transgender celebrity.  ( 23 min )
    Microsoft, Visa, First Republic, Amazon, Exxon Mobil, and More Stocks to Watch This Week
    First-quarter earnings from Coca-Cola, First Republic, Alphabet, GE, McDonald’s, Microsoft, Verizon, Visa, Boeing, Meta, Amazon.com, Caterpillar, and Exxon Mobil.  ( 23 min )
    Mortgage fees are changing for homebuyers next month. Here's what you should know.
    If you plan to buy a house soon, you should be aware of these fee changes that will affect your upfront costs.  ( 39 min )
    Bed Bath & Beyond Throws in the Towel
    Bed Bath & Beyond filed for bankruptcy in New Jersey on Sunday, ending its months-long efforts to raise capital and stay afloat.  ( 11 min )
    Glencore CEO’s First Big Move: Chasing Mining’s Toughest Prize
    (Bloomberg) -- Glencore Plc’s attempt to seal mining’s biggest deal in a decade has thrust new Chief Executive Officer Gary Nagle into center stage. Little known outside Glencore before taking the job nearly two years ago, the energetic South African is pursuing one of mining’s most unattainable targets, in a bitter brawl that’s headed for a potential climax this week.Most Read from BloombergBud Light Takes the Cowardly Way OutBillionaire Brin Sold Tesla Near Its Peak for New Giving VehicleAnger  ( 42 min )
    10 Important Cryptocurrencies Other Than Bitcoin
    Altcoins can present themselves as modified or improved versions of Bitcoin. Given Bitcoin's volatility, you may want to watch these 10 alternatives.  ( 22 min )
    An earnings recession may prove to be better than feared
    If we get an earnings recession or an economic recession there's no guarantee that you’ll get an opportunity to buy stocks at cheaper levels than where they are right now.  ( 43 min )
    London landlords abandon market as mortgage rates erode profits
    Landlords are behind a quarter of homes for sale in London as punitive taxes and soaring mortgage rates force buy-to-let investors to quit the market.  ( 38 min )
    Elon Musk urges entrepreneurs 'please refine lithium' as EVs face choke point
    Elon Musk highlights a challenge facing the EV battery market — a need for more lithium refineries. Some experts, however, expect this market will look like most commodities markets in a decade.  ( 40 min )
    What Will Social Security Look Like When You Retire?
    Many workers are not confident that Social Security will be around during their retirement. Here’s what you need to know about its future.  ( 18 min )
    Buybuy Baby Is Bed Bath & Beyond’s Juiciest Asset. What Happens to It Next.
    Time is running out for a last-minute acquisition of Buybuy Baby, which consistently outperforms Bed Bath & Beyond stories.  ( 23 min )
    Bed Bath & Beyond’s Bankruptcy, Explained
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    Dow Jones Futures: Microsoft, Meta, Google Lead Earnings Wave; What To Do Now
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    Tech Surge Sends Valuations to Extremes, but Traders Don’t Care
    (Bloomberg) -- Wall Street traders are ignoring warning signs that the rally in technology stocks looks overblown.Most Read from BloombergBud Light Takes the Cowardly Way OutBillionaire Brin Sold Tesla Near Its Peak for New Giving VehicleAnger in Europe After Chinese Diplomat Says Ex-Soviet States Not SovereignBud Light Marketing Executive Takes Leave After Controversy: Ad AgeElon Musk’s Wealth Plunges $13 Billion as Drama Unfolds Across EmpireOptimism that the Federal Reserve will pivot from it  ( 40 min )
    Are Social Security Benefits a Form of Socialism?
    Social Security—one of America's most popular benefit programs—is wholly run by the government. Does that make Social Security socialism?  ( 23 min )
    How to (Legally) Avoid Capital Gains Taxes
    You can avoid capital gains taxes by investing long-term, taking advantage of tax-deferred retirement plans and offsetting gains.  ( 39 min )
    Will I Be Able to Live Off The Interest of My $1 Million Portfolio?
    Once you have $1 million in assets, you can look seriously at living entirely off the returns of a portfolio. After all, the S&P 500 alone averages 10% returns per year. Setting aside taxes and down-year investment portfolio management, a … Continue reading → The post How Much Interest Can You Earn on $1 million? appeared first on SmartAsset Blog.  ( 41 min )
    Some Good News: If You Inherit Property, You Don't Pay Taxes Automatically
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    How The Rich Avoid Paying Savings Account Taxes
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    Elon Musk Is Willing to Bet Tesla’s Profits on a Driverless Dream
    (Bloomberg) -- Elon Musk is years behind on his ambition to render Tesla Inc.’s cars fully autonomous. He’s now saying in no uncertain terms that he’s willing to bet the company’s profit margins on making it happen.Most Read from BloombergBud Light Takes the Cowardly Way OutAnger in Europe After Chinese Diplomat Says Ex-Soviet States Not SovereignBillionaire Brin Sold Tesla Near Its Peak for New Giving VehicleBitcoin ‘Halving’ Due Next Year Spurs Predictions of Rally in Token Past $50,000US Publ  ( 39 min )
    First Republic Earnings Report to Shed Light on Depth of Bank Crisis
    Quarterly results will give investors insight into the extent of the damage after sharp deposit outflows at the bank.  ( 27 min )
    TipRanks ‘Perfect 10’ List: These 2 Top-Rated Stocks Could Be Long-Term Winners
    While markets are up this year, by almost 8% on the S&P 500 and more than 15% on the NASDAQ, they remain volatile – and they have yet to recoup all of last year’s losses. The result is an uncertain market environment, one that investors are not quite sure they can trust, even as they want to buy in. What’s needed here is a reliable tool to find the upwardly mobile stocks, the ones that are primed to win, and to keep winning, in the coming months. That’s where the Smart Score comes in. Based on t  ( 41 min )
    You still have time to wrest a tiny slice of $725M from Facebook
    Settlement of a $725 million class-action lawsuit over Cambridge Analytica scandal means millions of Facebook users may be able to get money from the social media company.  ( 11 min )
    Fox's settlement with Dominion unlikely to cost it $787.5M
    Fox Corp.'s hefty $787.5 million settlement with Dominion Voting Systems over defamation charges is eye-popping, but the ultimate cost to the media company is likely to be much lower. On Tuesday, Fox settled with Dominion over charges that Fox News baselessly accused the company of rigging its voting machines against former President Donald Trump in 2020. Fox had about $4 billion of cash on hand as of December 2022, and MoffettNathanson analyst Robert Fishman expects the company to pay the settlement during the current quarter.  ( 40 min )
    Riskiest Country Debt Left Out of Emerging-Market Renaissance
    (Bloomberg) -- Even as the outlook brightens for emerging-market debt, bonds from a handful of the riskiest countries are being left behind. And there is little evidence that’s about to change.Most Read from BloombergBud Light Takes the Cowardly Way OutBillionaire Brin Sold Tesla Near Its Peak for New Giving VehicleElon Musk’s Wealth Plunges $13 Billion as Drama Unfolds Across EmpireBud Light Marketing Executive Takes Leave After Controversy: Ad AgeAnger in Europe After Chinese Diplomat Says Ex-  ( 39 min )
    UK’s Largest Charity Exits Meta Stock, Sells Apple, Microsoft
    Wellcome Trust sold 1.3 million shares of Facebook parent Meta, and trimmed stakes in Apple and Microsoft stock in the first quarter.  ( 22 min )
    The U.S.’s $42.5 Billion High-Speed Internet Plan Hits a Snag: A Worker Shortage
    Shortage of fiber technicians casts doubt on the White House goal to bring fast internet to every home this decade.  ( 22 min )
    The small corner of Norfolk that helped defeat Putin’s energy war
    Thousands of miles away from the battle lines in Ukraine, a small crew of yellow-jacketed workers is huddled around a gas pipeline on the Norfolk coast.  ( 40 min )
    Bed Bath & Beyond files for bankruptcy after sales collapse dooms home retailer
    Bed Bath & Beyond's bankruptcy filing comes after months spent searching for additional liquidity amid shrinking inventory levels and declining revenues.  ( 40 min )
    Amazon, Microsoft, Meta, Alphabet lead earnings rush: What to know this week
    First quarter earnings season has gotten off to a better-than-feared start. This coming week, some of the biggest names in the tech industry will put investor sentiment to the test.  ( 41 min )
    Struggling Bed Bath & Beyond files for bankruptcy protection
    Bed Bath & Beyond has filed for bankruptcy protection, but its stores and websites will remain open and continue serving customers, the company said. The beleaguered home goods chain made the filing Sunday in U.S. District Court in New Jersey, listing its estimated assets and liabilities in the range of $1 billion and $10 billion.  ( 37 min )
    Bed Bath & Beyond Files for Bankruptcy
    Years of losses and a failed turnaround plan left the retailer struggling to stock stores.  ( 28 min )
    Bed Bath & Beyond Files Bankruptcy After Sales Decline
    (Bloomberg) -- US housewares retailer Bed Bath & Beyond Inc. filed for Chapter 11 in New Jersey, according to a court filing. Most Read from BloombergBud Light Takes the Cowardly Way OutBillionaire Brin Sold Tesla Near Its Peak for New Giving VehicleElon Musk’s Wealth Plunges $13 Billion as Drama Unfolds Across EmpireBud Light Marketing Executive Takes Leave After Controversy: Ad AgeAlphabet CEO’s Pay Soars to $226 Million on Huge Stock AwardThe company’s estimated assets are $1 billion to $10 b  ( 40 min )
    Individual Investors Are Still Hungry for Stocks—While Shunning Risk
    The net $77.7 billion in equities and ETFs purchased by individuals in the first quarter is near a record.  ( 25 min )
    Why the Banking Mess Isn’t Over
    Deposit flight and higher funding costs risk squeezing small businesses and lending beyond big cities.  ( 26 min )
    Amazon, Facebook, Google Headline Busy Earnings Week for Tech
    PepsiCo, McDonald’s and Exxon are also set to report amid concerns about the economy and inflation.  ( 26 min )
    Tech war: China's top memory chip maker YMTC making progress in producing advanced 3D NAND products with locally sourced equipment: sources
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    7 big dividends & buybacks: Costco, J&J hike their payouts | Pro Recap
    Here is your Pro Recap of the biggest fresh dividend hikes, special dividends, and stock buybacks you may have missed this week. Costco Wholesale (NASDAQ:COST) shares rose nearly 2% on Thursday after the company hiked its dividend by 13.3% to $1.02 per share, or $4.08 annualized, for an annual yield of 0.8%. The dividend will be payable on May 19, 2023, to stockholders of record on May 5, 2023, with an ex-dividend date of May 4, 2023.  ( 39 min )
    The Financial System’s New Vulnerability to Accidents Will Rattle Investors
    But it won’t necessarily fall apart, writes Christopher Smart.  ( 30 min )
    Wall Street billionaire Ken Griffin makes £27m bet against Deliveroo
    A hedge fund founded by billionaire American investor Ken Griffin has taken a multimillion pound short position in food delivery company Deliveroo.  ( 38 min )
    Stock market forecasts are getting grimmer as recession risks loom. Here are the latest calls from Mike Wilson, Jeremy Grantham, Jeremy Siegel and other experts.
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    Home Prices Look Flat. What’s Ahead for Real Estate’s Next Chapter.
    The Case-Shiller index tracking single-family home price changes in 20 large U.S. metropolitan areas for February is expected to be flat from a year ago, according to estimates. That hasn't happened since 2012.  ( 23 min )
    Shifting production from China is impossible, says shipping boss
    News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 5 min )
  • Open

    Aantal miljonairs is in 2021 weer gegroeid, maar hun vermogen bleef gelijk
    Het aantal miljonairs is in 2021 opnieuw toegenomen. Van alle Nederlandse huishoudens heeft 4 procent een vermogen van een miljoen of meer. Hun doorsnee vermogen is met 1,6 miljoen euro gelijk gebleven ten opzichte van 2020.  ( 4 min )
    Werknemers van distributiecentra Albert Heijn gaan staken
    Werknemers van distributiecentra van Albert Heijn gaan zondagavond en maandag staken. Dat doen ze omdat een ultimatum dat vakbonden CNV en FNV hadden gesteld, is verlopen. De staking kan ervoor zorgen dat supermarkten van AH niet meer bevoorraad worden en er lege schappen ontstaan.  ( 3 min )
    Droogte in Spanje zorgt voor recordprijs olijfolie
    De prijs van olijfolie is de afgelopen tijd naar recordhoogte gestegen, schrijft Financial Times zondag. De oorzaak is de aanhoudende droogte in Spanje, de grootste olijfolieproducent ter wereld.  ( 3 min )
    Duitse stakingen in ziekenhuizen en ov opgeschort na cao-akkoord
    Duitse vakbonden en werkgevers hebben na maanden van onderhandelingen en stakingen een cao-akkoord gesloten. De cao krijgt een looptijd van twee jaar en geldt voor 2,5 miljoen medewerkers in de publieke sector, zoals buschauffeurs, brandweerlieden en artsen.  ( 3 min )
    NU+ | Bijna gratis kinderopvang trekt investeerders: tijd voor een prijsplafond?
    Terwijl de overheid steeds meer geld gaat pompen in kinderopvang, komen er meer investeerders op af. Dat kan goed zijn voor de nodige groei van opvangplekken, maar publiek geld belandt zo wel in diepe zakken. Moet de overheid ingrijpen?  ( 4 min )
    NU+ | Bijna gratis kinderopvang trekt investeerders aan, tijd voor een prijsplafond?
    Terwijl de overheid steeds meer geld gaat pompen in kinderopvang, komen er meer investeerders op af. Dat kan goed zijn voor de nodige groei van opvangplekken, maar publiek geld belandt zo wel in diepe zakken. Moet de overheid ingrijpen?  ( 4 min )
    Biesheuvel: 'Bedrijven hebben na crises tijd nodig om op adem te komen'
    Het bedrijfsleven heeft de afgelopen jaren veel over zich heen gekregen. De coronacrisis, de oorlog in Oekraïne, de torenhoge inflatie en de hoge energie- en grondstofkosten hebben geleid tot veel problemen en onzekerheid. Bovendien is er nog steeds sprake van een groot personeelstekort en een oplossing is verder weg dan ooit.  ( 5 min )
    Wat doet en verdient een meteoroloog?
    Het weer houdt ons altijd bezig, zeker als het niet doet wat we verwachten of willen. Zo smachten we nu allemaal naar mooi weer, maar laat dat nog op zich wachten. Meteorologen houden ons constant op de hoogte, en daar zit een aardige beloning aan vast.  ( 4 min )
    'Bedrijven hebben na crises tijd nodig om op adem te komen'
    Het bedrijfsleven heeft de afgelopen jaren veel over zich heen gekregen. De coronacrisis, de oorlog in Oekraïne, de torenhoge inflatie en de hoge energie- en grondstofkosten hebben geleid tot veel problemen en onzekerheid. Bovendien is er nog steeds sprake van een groot personeelstekort en een oplossing is verder weg dan ooit.  ( 5 min )

  • Open

    What Does Proof-of-Stake (PoS) Mean in Crypto?
    Proof-of-Stake (PoS) is a cryptocurrency consensus mechanism used to confirm transactions and create new blocks through randomly selected validators.  ( 17 min )
    How Much Is Long-Term Disability?
    We compared long-term disability insurance quotes, average costs, and ways to save to help you determine if long-term disability insurance is worth it.  ( 14 min )
    How To Buy Shiba Inu (SHIB)
    Opening a crypto exchange account is an essential step in buying Shiba Inu (SHIB). Learn what you need to open a crypto exchange account and how to do it.  ( 25 min )
    Bitcoin Private (BTCP) Definition
    Bitcoin Private (BTCP) is an open-course cryptocurrency that allows senders and receivers to remain untraceable.  ( 14 min )
    An Inside Look at Pinterest's Business Model
    Learn about Pinterest and the type of company it is trying to become. Understand the company's business model and what makes it unique.  ( 14 min )
    Speculative Flow Definition
    Speculative flow is the movement of hot money into shares of a sector or specific company or an asset class in an attempt to earn short-term gains.  ( 17 min )
    Beat of the Week: D.R. Horton's Earnings Surprise A Precursor To Housing Revival?
    D.R. Horton (DHI), America’s largest homebuilder for the past two decades, trounced analyst expectation with its first quarter results, suggesting the housing market may be stronger than it seems.  ( 12 min )
    Leonardo DiCaprio’s Green Business Empire
    Oscar-winning actor Leonardo DiCaprio amassed a net worth of about $300 million from his acting career and real estate portfolio. As a climate activist he also backs sustainable companies from plant-based foods to vegan leather.  ( 15 min )
  • Open

    Cheap Stocks To Buy: Should You Watch These 5 Growth Stocks?
    No content preview
    Bud Light marketing leadership 'adjustments' made after conservative boycott threats
    Anheuser-Busch has decided to shake up its marketing leadership after its Bud Light brand became, quite literally, a target for conservatives.  ( 38 min )
    Bond yields could drop under an idea that would make Treasury trading more like the stock market
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    From cooling inflation to a looming recession, here's what CEOs of the 5 largest US banks are predicting for the economy through 2023
    All eyes were on CEOs of the Wall Street giants for cues on how markets will weather murky economic conditions.  ( 39 min )
    Fed’s Next Rate Move May Crystallize With Coming Data: Eco Week
    (Bloomberg) -- The latest US figures on growth, inflation and wages will be released in the coming week — some of the final marquee reports the Federal Reserve will have in hand before its May policy meeting.Most Read from BloombergBud Light Takes the Cowardly Way OutElon Musk’s Wealth Plunges $13 Billion as Drama Unfolds Across EmpireBillionaire Brin Sold Tesla Near Its Peak for New Giving VehicleBud Light Marketing Executive Takes Leave After Controversy: Ad AgeAlphabet CEO’s Pay Soars to $226  ( 42 min )
    Bond Traders Wait for Calm to Shatter With Fed ‘Breaking Stuff’
    (Bloomberg) -- Bond traders are taking little solace in the market’s recent calm for a simple reason: It’s not likely to last. Most Read from BloombergElon Musk’s Wealth Plunges $13 Billion as Drama Unfolds Across EmpireAlphabet CEO’s Pay Soars to $226 Million on Huge Stock AwardBud Light Marketing Executive Takes Leave After Controversy: Ad AgeCities Keep Building Luxury Apartments Almost No One Can AffordBud Light Takes the Cowardly Way OutTwo-year US Treasury yields, some of the most sensitiv  ( 39 min )
    Bonds in Trouble as $1 Trillion Liquidity Drains: Credit Weekly
    (Bloomberg) -- Add central banks to the wall of worry for global credit markets.Most Read from BloombergElon Musk’s Wealth Plunges $13 Billion as Drama Unfolds Across EmpireAlphabet CEO’s Pay Soars to $226 Million on Huge Stock AwardBud Light Marketing Executive Takes Leave After Controversy: Ad AgeCities Keep Building Luxury Apartments Almost No One Can AffordBud Light Takes the Cowardly Way OutThis year’s rally in risk assets is more to do with a $1 trillion central bank liquidity injection th  ( 39 min )
    US banks on alert over falling commercial real estate valuations
    News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 6 min )
    Russia is landing new buyers for its sanctioned diesel all over the world and Brazil's taking advantage of the steep discounts.
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    Disney plans layoffs for thousands next week, report says
    Walt Disney Co. reportedly will cut thousands of jobs across the company by next week, including those at theme parks, in entertainment and on corporate teams.  ( 38 min )
    At Least Nine Lawmakers Sold Bank Stocks During Turmoil, FT Says
    (Bloomberg) -- At least nine members of Congress sold banking stocks before and during the market turmoil in March, the Financial Times reported. Most Read from BloombergBud Light Takes the Cowardly Way OutElon Musk’s Wealth Plunges $13 Billion as Drama Unfolds Across EmpireBud Light Marketing Executive Takes Leave After Controversy: Ad AgeBillionaire Brin Sold Tesla Near Its Peak for New Giving VehicleAlphabet CEO’s Pay Soars to $226 Million on Huge Stock AwardJosh Gottheimer, a New Jersey Demo  ( 37 min )
    Many retirees aren't prepared for how Medicare costs 'can add up'
    In 2019, half of the 35 million older adults and younger persons with disabilities with traditional Medicare spent at least 16% of their income on out-of-pocket health care costs.  ( 42 min )
    Markets are eerily calm after the banking chaos - but tightening credit and tumbling earnings could reignite volatility, UBS says
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    Judge Rules Bored Ape Yacht Club Ripoff NFTs Violated Yuga Copyright
    Use of BAYC trademarks by Ripps’ RR/BAYC was intended to confuse consumers, a U.S. judge in California has ruled  ( 37 min )
    Raising Cane's raises average wages to $19.50 an hour — 'The right thing to do'
    Fast growing restaurant chain Raising Cane's is investing more than $9 million dollars into its workforce. Co-CEO and COO AJ Kumaran said the return of investment is far higher.  ( 37 min )
    Better-Than-Feared Earnings Has Analysts Rethinking Projections
    (Bloomberg) -- It’s still early in earnings season, but the results so far are coming in strong enough that some on Wall Street are starting to wonder if they were too pessimistic about Corporate America’s performance.Most Read from BloombergElon Musk’s Wealth Plunges $13 Billion as Drama Unfolds Across EmpireAlphabet CEO’s Pay Soars to $226 Million on Huge Stock AwardCities Keep Building Luxury Apartments Almost No One Can AffordChina Chips’ Market-Beating Rally at Risk as US Tensions FlareBud  ( 39 min )
    Go Small, Win Big With This Small-Cap ETF
    The Pacer US Small Cap Cash Cows 100 ETF (BATS:CALF) places a unique focus on small-cap stocks with high free cash flow yields. We’ll delve into the specifics of its strategy and holdings in this article, but one thing that immediately jumps out about this ETF is its outstanding performance over the past several years. For the quarter that ended on March 31st, CALF has returned a phenomenal 31.5% annually over the previous three years. Let’s take a look at the specifics and discuss why CALF coul  ( 41 min )
    Market Stampede Turns Favorite Defensive Trades Into Danger Zone
    (Bloomberg) -- Sometimes when volatility jolts financial markets, the safest trades can quickly morph into dangerous bets.Most Read from BloombergBud Light Takes the Cowardly Way OutBillionaire Brin Sold Tesla Near Its Peak for New Giving VehicleElon Musk’s Wealth Plunges $13 Billion as Drama Unfolds Across EmpireBud Light Marketing Executive Takes Leave After Controversy: Ad AgeAnger in Europe After Chinese Diplomat Says Ex-Soviet States Not SovereignThat’s what’s happening now in some corners,  ( 40 min )
    Chip industry slowdown will last longer than expected, manufacturers warn
    News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 5 min )
    No Emergency Fund? Then You're Putting Your Retirement at Risk, Too
    One of the biggest threats to your retirement savings isn't inflation, a stock market swoon or even bad investment picks – it's you. That's because when a financial crisis hits, many workers start draining their retirement accounts in order to … Continue reading → The post No Emergency Fund? Your Retirement Is at Risk appeared first on SmartAsset Blog.  ( 39 min )
    The economic mood and other investing stories you may have missed this week
    There are some key changes happening in the markets.  ( 40 min )
    Beat of the Week: D.R. Horton's Earnings Surprise a Precursor to Housing Revival?
    D.R. Horton (DHI), America’s largest homebuilder for the past two decades, trounced analyst expectations with its first quarter results, suggesting the housing market may be stronger than it seems.  ( 12 min )
    AI Plays AMD, Arista Networks Lead 5 Stocks Finding Key Support
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    Fed Officials on Track to Hike Rates and Signal Potential Pause
    (Bloomberg) -- Federal Reserve officials are on track to raise interest rates a quarter percentage point next month and signal a potential pause from the steepest hiking campaign in decades.Most Read from BloombergElon Musk’s Wealth Plunges $13 Billion as Drama Unfolds Across EmpireAlphabet CEO’s Pay Soars to $226 Million on Huge Stock AwardCities Keep Building Luxury Apartments Almost No One Can AffordChina Chips’ Market-Beating Rally at Risk as US Tensions FlareEuropeans Are Rethinking Summer  ( 39 min )
    Regional banks aren't collapsing. That doesn't mean everything is fine.
    Results from a number of mid-sized lenders showed that regional banking isn't getting any easier.  ( 41 min )
    Apple Entering India a ‘Strategic Poker Move,’ Says Top Analyst
    Apple (NASDAQ:AAPL) has never had great success in penetrating the Indian market, with less than 2% of its global revenues generated there, amounting to roughly $6 billion. While Apple’s overall revenue from India is relatively small, the tech giant is making a concerted effort to capture more of the market. In this regard, Apple is opening its first retail stores in Mumbai and New Delhi. For Wedbush’s Dan Ives, the openings could provide a big boost to the top-line. “Apple is now aggressively l  ( 38 min )
    3 Ways Your House Can Make Money for You
    The house is the biggest financial asset for millions of retirees and empty nesters, and many are mismanaging it.  ( 22 min )
    Debt-Ceiling Standoff Warps Treasury Trading
    The divergence between one-month and three-month bills is the largest on record.  ( 26 min )
    J&J to Lift Dividend for 61st Year. These 6 Firms Are Raising Payouts Too.
    Southern Company and Costco Wholesale are also on the list of big U.S. companies that have unveiled higher dividends this week.  ( 23 min )
  • Open

    Britse pubs kijken uit naar kroning Charles: langer tappen in topweekend
    Britse pubeigenaren wrijven in hun handen wegens de aanstaande kroning van koning Charles. Het lange feestweekend van vrijdag 5 mei tot en met maandag 8 mei kan naar verwachting in totaal 350 miljoen pond (zo'n 392 miljoen euro) extra opleveren.  ( 4 min )
    Zzp-bemiddelaars schieten als paddenstoelen uit de grond
    Het aantal zzp'ers in ons land blijft in rap tempo toenemen. Steeds meer mensen in de zorg, bouw en horeca worden zelfstandig ondernemer of laten zich flexibel inhuren. En dat is koren op de molen voor zzp-bemiddelaars en detacheringsbureaus.  ( 4 min )
    Weer drukte op Schiphol door meivakantie, maar nu géén lange rijen
    De meivakantie is begonnen en daardoor is het zaterdagochtend druk op Schiphol. In vertrekhallen 2 en 3 staan op sommige plaatsen wel rijen, maar volgens de luchthaven is de doorstroom goed. Een woordvoerder geeft aan dat dit het beeld is waar Schiphol gedurende de vakantieperiode ongeveer vanuit gaat.  ( 3 min )
  • Open

    5 Things to Know Before Markets Open
    Railroad earnings showed signs of a slowing economy and Mark Zuckerberg said hiring will slow and more layoffs are possible at Facebook parent Meta Platforms. Here’s what investors need to know today.  ( 1 min )
    Markets Finish Flat to Post Losses for the Week
    Markets finished flat to higher on April 21, 2023, with a boost from the consumer staples and consumer discretionary sectors.  ( 1 min )
2023-05-21T18:14:04.262Z osmosfeed 1.15.1